TOKYO, June 19 (Reuters) - Japanese government bond (JGB)
yields rose on Friday as the yen's weakness boosted bets that
the Bank of Japan would have to raise interest rates higher.
Here are a few details:
* The 10-year JGB yield rose 3 basis points
(bps) to 2.645%. Yields move inversely to bond prices.
* The yen was pinned near four-decade lows on Friday, with
markets on heightened watch for intervention as neither a
U.S.-Iran peace deal nor a rate hike in Japan managed to arrest
its prolonged slide.
* "The weak yen would boost import costs, stoking inflation
worries," said Katsutoshi Inadome, senior strategist at Sumitomo
Mitsui Trust Asset Management.
* The BOJ this week raised its policy rate to 1% from 0.75%
in a widely expected move.
* The two-year yield inched up 1 bp to 1.395%.
The five-year yield rose 2.5 bps to 1.885%.
* The 30-year yield rose 4 bps to 3.810%. The
40-year JGB was up 4 bps to 3.7%.