TOKYO, June 26 (Reuters) - Japan's 10-year government bond

yield reversed course to fall on Friday as investors bought the

debt to rebalance their portfolios at the end of the April-June

quarter following sharp gains in Japanese equities.

Here are a few details:

* The benchmark 10-year JGB yield fell 3

basis points (bps) to 2.595%, after rising to as high as 2.635%

earlier in the session. Yields move inversely to bond prices.

* "There were no particular market-moving cues to send the

yield lower, so this could be driven by the need for portfolio

rebalancing," said Masahito Sugawara, senior strategist at Daiwa

Securities.

* Japan's Nikkei has jumped 35% so far in the

quarter ending this month, the steepest quarterly gain on

record, according to LSEG.

* Data showed annual core inflation in Japan's capital

accelerated in June, a sign of broadening price pressures from

the Middle East conflict, keeping the central bank on track to

consider further raising interest rates.

* The two-year yield inched down 0.5 bp to

1.405%. The five-year yield fell 1. bp to 1.865%.

* The 20-year JGB yield fell 2.5 bps to

3.51%. The 30-year yield fell 2 bps to 3.805%.

The yield on the 40-year JGB fell 4.5 bps to

3.67%.