Benchmark Japanese bond yields rise as war-linked inflation pressures mount

Markets are also looking ahead to the Bank of Japan's meeting, due next week, when it is expected to keep rates on hold.

• "Given that the market has largely priced in interest rate rises at a 'cruising speed' of once every six months, the focus of this Bank of Japan policy meeting will be on if there's any suggestion of an acceleration in the pace of hikes," Noriatsu Tanji, chief bond strategist at Mizuho Securities, said in a note.

($1 = 162.4800 yen)

TOKYO, July 21 (Reuters) - Benchmark Japanese government bonds slid on Tuesday as domestic markets reopened after a holiday, while energy-linked inflation pressures weighed on sentiment ahead of a sale of super-long-term debt.

Here are a few details:

• The 10-year JGB yield JP10YTN=JBTC climbed 2.5 basis points to 2.73%. Yields move inversely to bond prices.
• U.S. Treasury yields rose sharply overnight, as investors weighed whether rising oil prices tied to the widening U.S.-Iran conflict could feed into inflation and keep the prospect of a Federal Reserve hike alive.
• Japan's Ministry of Finance will sell about 300 billion yen ($1.85 billion) of 40-year JGBs on Wednesday.
• "Today's JGB market is expected to see selling pressure dominate. Higher crude oil prices and U.S. Treasury weakness during the holiday period are likely to be viewed as factors prompting sales," Keisuke Tsuruta, a senior bond strategist at Mitsubishi UFJ Morgan Stanley Securities, wrote in a note.
• "The ultra-long-term bond segment may face some downward pressure due to rising market volatility and the upcoming auction of 40-year government bonds tomorrow," he added.