TOKYO, July 5 (Reuters) - Yields on Japanese government bonds dipped on Monday after U.S. jobs data last week showed strong employment growth but limited wage inflation pressure, reducing expectations of early tapering in the Federal Reserve’s stimulus. The 10-year JGB yield fell 0.5 basis point to 0.035%, while the 20-year JGB yield dipped 0.5 basis point to 0.410%, its lowest in more than three weeks. The 30-year yield, however, rose 0.5 basis point to 0.670%, ahead of an auction of 30-year JGBs. The 40-year JGB yield rose 0.5 basis point to 0.740%. Benchmark 10-year JGB futures rose 0.20 point to 152.12, with a trading volume of 18,523 lots. Price gains in JGBs came as U.S. Treasuries advanced after U.S. payrolls data showed upbeat increase but not too strong as to stoke worries about inflation and an earlier tapering in the U.S. Federal Reserve’s asset purchase. Reporting by Tokyo Markets Team, Editing by Sherry Jacob-Phillips Our Standards: The Thomson Reuters Trust Principles.