JGB yields fall tracking US peers, BOJ buying weighs

Japanese government bond (JGB) yields fell on Friday, under pressure from declines in U.S. Treasury yields, while central bank bond buying also continued to drain bond supply. In addition, Japan's economic growth was revised lower in data, a sign the Bank of Japan may keep stimulus in place for longer. The 10-year JGB yield led the fall across maturities, declining as much as 2 basis points (bps) to 0.635% and easing further off Wednesday's one-week high of 0.66%.