JGBs fall as US bank earnings reassure investors

TOKYO, April 21 (Reuters) - Japanese government bonds fell on Monday, pushing the benchmark 10-year yield to a seven-week high, as a slew of U.S. bank earnings last week boosted Tokyo shares and reassured investors that the worst of the credit crisis may have passed.

The 10-year yield <JP10YTN=JBTC> rose 2 basis points to 1.415 percent, the highest since late February. June 10-year futures 2JGBv1 fell 0.21 point to 138.39 and hit a seven-week low of 138.26. (Reporting by Eric Burroughs)