TOKYO, June 27 Japanese government bond prices
were mostly steady on Friday, with an overnight gain in U.S.
Treasuries and sagging Tokyo stocks supporting the market.
The response to Japan's core consumer prices rising 3.4
percent in May from a year earlier was limited as the figure was
in line with expectations.
With the impact of a recent consumption tax hike stripped
out, the core CPI rise slowed to 1.4 percent in April from 1.5
percent the previous month.
Analysts said the CPI rise is expected to lose momentum
towards the summer, keeping intact expectations for the Bank of
Japan to ponder easing monetary policy as the end of the year
The benchmark 10-year yield stood unchanged
at 0.565 percent.
September 10-year JGB futures rose 0.06 point to
Tokyo's Nikkei fell 0.6 percent on U.S. growth
concerns and a slightly stronger yen.
Worries over a possible slowing of American economic growth
buoyed U.S. Treasuries on Thursday.
(Reporting by Shinichi Saoshiro; Editing by Michael Urquhart)