TOKYO, March 4 (Reuters) - Japanese government bond prices eased across the board on Monday as investors sold off safe-haven assets on hopes for a U.S.-China trade deal and taking cues from weak U.S. Treasuries last weekend.
Ten-year JGB futures eased 0.11 point to 152.54, its lowest level since Jan. 23, with a trading volume of 21,252 lots by late afternoon trade.
The benchmark 10-year cash JGB yield rose 1 basis point to minus 0.005 percent, its highest level in 2-1/2 weeks. The key 10-year yield hit a seven-week low of minus 0.050 percent on Feb. 22.
In the super-long zone, the 20-year and the 40-year yields rose 1.5 basis point each to 0.445 percent and 0.715 percent, respectively, while the 30-year yield rose 1 basis point to 0.630 percent.
U.S. Treasury yields rose on Friday as investors sold off safe-haven debt on signs the United States and China were close to striking a tariff deal to end their protracted trade war and shrugged off soft economic data reports.
The Wall Street Journal reported on Sunday that U.S. President Donald Trump and Chinese President Xi Jinping could reach a formal trade deal at a summit around March 27 given progress in talks between the two countries. (Reporting by Tokyo Markets Team; Editing by Subhranshu Sahu)