JGBs hold steady as investors weigh inflation, central bank signals

Japanese Government Bond yields showed mixed movements on Friday, with the benchmark 10-year yield rising 0.5 basis point to 2.715 percent while the 20-year yield eased to 3.585 percent, headed for a 16 basis point weekly drop. Investors weighed inflation risks and Bank of Japan tightening signals, with a BOJ official indicating further rate hikes may be needed. Global bond markets were also influenced by steady US economic data, higher oil prices linked to Gulf tensions, and expectations of further central bank tightening in major economies.