TOKYO, Oct 27 (Reuters) - Japanese government bond (JGB)

yields rose on Monday as signs of easing trade tensions between

China and the U.S. buoyed risk appetite, prompting a sale of

safe-haven debt.

The 10-year JGB yield rose 1 basis point

(bp) to 1.665%. The 20-year JGB yield rose 1.5

bps to 2.61%.

Top Chinese and U.S. economic officials on Sunday hashed out

the framework of a trade deal for U.S. President Donald Trump

and Chinese President Xi Jinping to decide on later this week in

their eagerly anticipated meeting in South Korea.

"The market is cautious about the outcome of the Bank of

Japan's policy meeting this week, and also awaiting the talks

about Japan's defence spending between Prime Minister Sanae

Takachi and Trump," said Naoya Hasegawa, chief senior bond

strategist at Okasan Securities.

"But those cautions did not become market-moving cues today"

as risk-on sentiment prevailed on Monday's JGB trade.

The BOJ is likely to debate this week whether conditions are

ripe to resume rate hikes as worries about a tariff-induced

recession ease, though political complications may keep it on

hold for now.

Trump departed for Tokyo on Monday, where he was scheduled

to meet Japan's emperor as well as newly elected Prime Minister

Takaichi, part of an Asia trip aimed at securing trade deals,

investment and increased defence spending.

The 30-year JGB yield rose 2 bps to 3.075%.

Shorter-dated JGB yields also rose, with the two-year JGB

yield rising 1 bp to 0.94%. The five-year JGB

yield was up 1 bp to 1.23%.

U.S. Treasury yields also rose in Asian trade, climbing as

much as 4 bps to 4.037% on 10-year notes.