TOKYO, June 15 (Reuters) - Japanese government bond (JGB)

yields fell on Monday following news that the United States and

Iran had agreed to a peace deal, sending oil prices lower and

easing inflation worries.

Here are a few details:

* The benchmark 10-year JGB yield fell 6

basis points (bps) to 2.575%. The 20-year JGB yield

slid 6 bps to 3.460%. Yields move inversely to

bond prices.

* "For today, easing inflation concern is likely to

reinforce downward pressure on interest rates both in Japan and

overseas," said Naoya Hasegawa, chief bond strategist at Okasan

Securities.

* "That said, until the agreement is formally signed, it

will be necessary to assess not only the details of the deal but

also the response from hardliners within Iran and from Israel."

* The Bank of Japan is widely expected to raise its policy

rate to a 31-year high of 1%, and signal its readiness to keep

pushing up borrowing costs.

(Reporting by Satoshi Sugiyama; Editing by Subhranshu Sahu)