TOKYO, June 11 (Reuters) - Super-long Japanese

government bonds fell on Wednesday, pressured by rising domestic

equities and reports that lawmakers are considering new economic

stimulus measures.

Long-dated Japanese government bonds have come under

pressure in recent weeks amid growing concerns over the fiscal

deficit and waning demand from life insurers and other

traditional buyers.

The 20-year JGB yield rose 0.5 basis point

(bp) to 2.395%. The 30-year yield rose 2 bps to

2.935%. Japan's Nikkei stock gauge climbed 0.4% and on track for

a fourth day of gains.

Japan's ruling coalition has agreed to a cash handout plan

ahead of an upper house election set for July, two sources

familiar with the matter said on Tuesday.

After long-term yields surged to records last month, the

finance ministry began to consider curtailing issuance of

super-long bonds, Reuters has reported. The ministry is also

said to be mulling buybacks of the debt.

A final decision on repurchases will be made after meetings

with bond market participants on June 20 and June 23, sources

said. Uncertainty also remains over what the Bank of Japan may

say next week about its bond-purchase program as it aims to

normalise monetary policy.

The benchmark 10-year JGB yield fell 0.5 bp

to 1.470%. The five-year yield fell 0.5 bp to

1.025%.