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JGBs gain as fresh round of risk aversion boosts safe-haven debt

TOKYO, May 31 (Reuters) - Japanese government bond (JGBs) prices gained across the board on Friday as a fresh round of risk aversion in the broader markets, triggered by Washington's threat to impose tariffs on goods from Mexico, raised investor demand for safe-haven debt.

Japan's Nikkei fell to a three-month low after U.S. President Donald Trump, incensed by a surge of illegal immigrants across the southern border, vowed on Thursday to impose a tariff on all goods coming from Mexico.

The five-year JGB yield declined half-a-basis point to minus 0.190% and the 10-year yield fell 1 basis point to minus 0.095%.

The 30-year yield was down 1.5 basis points at 0.465%. A drop below this level would take the 30-year yield to its lowest since October 2016.

A regular bond-buying operation conducted by the central bank also supported JGBs. The Bank of Japan on Friday offered to buy 680 billion yen ($6.22 billion) of five- to 40-year bonds.

($1 = 109.2400 yen) (Reporting by the Tokyo markets team, Editing by Sherry Jacob-Phillips)