TOKYO, March 9 (Reuters) - Japanese government bond (JGB) yields moved in tandem with 10-year U.S. Treasury peers, which rose on concerns of mounting inflation and reports that the European Union could reveal a plan for joint bond issuance.
The 10-year JGB yield rose 1.5 basis points to 0.165% and the 20-year JGB yield rose one basis point to 0.650%.
Yields on U.S. 10-year bonds moved higher after Bloomberg reported that the EU could unveil the bond offering in an attempt to support energy and defence spending.
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The 30-year JGB yield rose one basis point to 0.885%. The 40-year JGB yield was flat at 0.915%.
Yields on shorter ended notes also climbed, with the two-year JGB yield rising 0.5 basis point to minus 0.045% and the five-year yield climbing 0.5 basis point to minus 0.005%.
Benchmark 10-year JGB futures fell 0.18 point to 150.8, with a trading volume of 14,556 lots.
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