TOKYO, March 26 (Reuters) - Japanese government bond

yields were little changed on Tuesday, with traders waiting for

fresh clues on how soon the Bank of Japan will raise interest

rates again and when the U.S. Federal Reserve will cut them.

The 10-year JGB yield rose 0.5 basis point

(bp) to 0.735%, succumbing to pressure from an overnight rise in

U.S. Treasury yields.

However, 10-year JGB futures were little changed at

145.56. The five-year JGB yield ticked down 0.5 bp

to 0.375%.

Traders are watching for signs of when the BOJ might start

to taper its bond-buying stimulus after the central bank exited

negative interest rate policy a week ago.

Meanwhile, the Fed last week stuck to its view for three

quarter-point rate cuts this year, and the market is now waiting

on key U.S. inflation data this Friday for hints at how early

the first cut will be.

"Japanese yields are going to depend on where U.S. Treasury

yields are and the amount of bond purchases that the BOJ is

going to conduct," said Shoki Omori, chief Japan desk strategist

at Mizuho Securities.

"There's going to be ups and downs depending on U.S. data,

(but) until the BOJ starts to reduce bond purchases, JGBs are

going to trade in ranges."

The two-year JGB yield was flat at 0.195%.

The 20-year JGB yield was unchanged at

1.500%, while the 30-year yield fell 0.5 bp to

1.810%.