TOKYO, March 12 Reuters Yields on superlong dated Japanese government bonds edged lower on Friday as traders awaited the Bank of Japans BOJs meeting next week, where the central bank will review its monetary policy framework.

The BOJ may exempt more funds from negative interest rates and reveal ways to make its purchases of exchangetraded funds more flexible when it ends a twoday meeting on March 19.

However, speculation that the BOJ will not widen the trading band for bond yields has caused the long end of the yield curve to fall slightly, dealers said.

Benchmark 10year JGB futures rose 0.02 point to 151.29, with a trading volume of 6,831 lots.

The 10year JGB yield rose 0.5 basis point to 0.105.

At the long end, the 20year JGB yield fell 1.5 basis points to 0.465. The 30year JGB yield fell 2 basis points to 0.630, and the 40year JGB yield fell 2.5 basis points to 0.665.

At the middle of the curve, the fiveyear yield was flat at minus 0.080.

At the short end, the twoyear JGB yield was unchanged at minus 0.125.

Reporting by the Tokyo markets team; Editing by Rashmi Aich

Source Reuters