TOKYO, June 21 (Reuters) - Japanese government bond prices slipped on Thursday, as a lull in China-U.S. trade conflict soothed nerves and curbed investor demand for safe-haven debt.
JGBs were pressured as Japanese stocks stretched gains amid the continuing ebb in risk aversion with the Nikkei rising 0.65 percent.
The benchmark 10-year JGB yield rose half a basis point to 0.035 percent.
The 30-year yield climbed 1 basis point to 0.720 percent .
With the broader JGB market on the back foot investor demand was lukewarm for the 2 trillion yen ($18.09 billion) of five-year JGBs auctioned on Thursday.
The bid-to-cover ratio, a gauge of demand, at the five-year auction slipped to 3.88 from 4.22 at the previous sale in May.
$1 = 110.5700 yen Reporting by the Tokyo markets team, Editing by Sherry Jacob-Phillips