TOKYO, Sept 24 (Reuters) - Japanese government bond

(JGB) yields slumped on Tuesday, as investors digested the Bank

of Japan's (BOJ) dovish comments at the conclusion of its

two-day policy meeting on Friday.

The 10-year JGB yield fell 4 basis points

(bps) to 0.82%, while 10-year JGB futures rose 0.52

points to 144.99 yen. Bond yields move inversely to prices.

The BOJ kept interest rates steady on Friday and its

governor said the central bank could afford to spend time eyeing

the fallout from global economic uncertainties, signalling it

was in no rush to raise borrowing costs further.

Japanese markets were closed on Monday for a public holiday.

While the decision to stand pat was widely expected, BOJ

Governor Kazuo Ueda's remarks at a press conference following

the meeting were "more dovish than expected," said Katsutoshi

Inadome, a senior strategist at Sumitomo Mitsui Trust Asset

Management.

"I think a rate hike at the end of the year or the beginning

of (next) year is still the main scenario for many people.

However, watching Friday's press conference, those expectations

may have weakened," he said.

Ueda said the central bank was ready to raise rates if its

economic and price forecasts were achieved but that the timing

would depend partly on whether the U.S. economy achieved a soft

landing, or suffered a bigger-than-expected downturn.

The two-year JGB yield, which corresponds more

closely with monetary policy expectations, slid 3.5 bps to a

one-month low of 0.355%.

The five-year yield was down 4 bps at 0.465%,

its lowest since Aug. 15.

Ueda is scheduled to speak at an event later in the day, and

market players will scrutinise his comments to confirm their

current dovish interpretation.

On the superlong end, the 20-year JGB yield

dropped 3.5 bps to 1.66%, while the 30-year JGB yield

edged down 1.5 bps to 2.065%.