JGB yields tick up as overseas yields rise

TOKYO, Nov 24 (Reuters) – Japanese government bond (JGB) yields were on track for a second session of increases on Friday on an uptick in euro zone and U.S. yields, after hitting multi-month lows earlier in the week. The 10-year JGB yield rose 4 basis points (bps) to 0.765%, buoyed by a rise in European government yields overnight. With Japanese markets closed on Thursday due to a holiday, Friday was the first chance JGB investors had to react to a rebound in U.S. Treasury yields overnight on Wednesday. U.S. markets were closed on Thursday for Thanksgiving. On the superlong end, the 20-year JGB yield rose 3.5 bps to 1.485%. The 30-year JGB yield was up 3 bps, climbing back up…