TOKYO, Jan 8 (Reuters) - Japanese government bond yields

rose to multi-year highs on Wednesday, pulled by climbing U.S.

Treasury yields after robust economic data pointed to a slower

pace of interest rate easing by the Federal Reserve.

The 10-year JGB yield rose 3 basis points

(bps) to 1.170% as of 0529 GMT, after earlier hitting 1.175% for

the first time since July 2011.

The two-year yield rose as much as 2.5 bps to

0.655%, a level last seen in October 2008.

The five-year yield added as much as 3 bps to

0.815%, the highest since June 2009.

Overnight, long-term U.S. Treasury yields climbed to their

highest since April after a report showed services sector

activity accelerated in December, with a measure tracking input

prices surging to a nearly two-year high, pointing to elevated

inflation in the world's biggest economy.

Separately, Labor Department data showed U.S. job openings

unexpectedly increased in November, although a softening in

hiring pointed to a slowing labor market.

Traders now see the next Fed rate cut as most likely in

June, with the U.S. central bank staying on hold for the rest of

2025, according to the CME FedWatch tool.

"I don't see the 10-year JGB yield going above 1.2% with

speed as buyers will likely emerge," said Shoki Omori, chief

Japan desk strategist at Mizuho Securities.

"Long-only investors were waiting for 10-year yields to

reach 1.2%."

Benchmark 10-year JGB futures fell 0.29 yen to

141.31 yen. Prices move inversely to yields.

The 20-year JGB yield rose 3 bps to 1.945%,

the highest since July.

The 30-year yield rose 2.5 bps to 2.335%, a

level not seen since March 2010.

(Reporting by Kevin Buckland; Editing by Varun H K)