TOKYO, May 14 (Reuters) - The yield on Japan's benchmark

government bond (JGB) climbed for a fourth consecutive session

to a near three-decade high, as inflation fears massed ahead of

a long-term debt sale.

The 10-year JGB yield climbed 2 basis points

(bps) to 2.605%, its highest level since May 1997.

Yields move inversely to bond prices.

The move came as investors focused on inflation risks linked

to a Middle East-driven energy shock, as well as a heavy

issuance calender, including a 30-year auction scheduled for

later in the day.

Global bond markets have also come under pressure, with U.S.

Treasury yields rising amid geopolitical tensions and elevated

oil prices.