TOKYO, Oct 15 (Reuters) - Japan’s benchmark 10-year government bond yields fell on Friday, tracking U.S. Treasury yields lower, but declines were limited as stronger equities dampened the safe-haven appeal of debt. The 10-year JGB yield fell 0.5 basis points to 0.075%, while the benchmark 10-year JGB futures rose 0.06 points to 151.43, with a trading volume of 17,956 lots. U.S. Treasury yields fell on Thursday after labour market and inflation data eased worries the Federal Reserve may need to take action earlier than expected to combat rising prices. In Japan, both the Nikkei and the Topix gained and were set to snap three straight weeks of losses. The 20-year JGB yield rose 0.5 basis points to 0.460%. Yields on longer-term debt were unchanged, with the 30-year JGB yield at 0.685% and the 40-year JGB yield at 0.755%. The two-year JGBs were not traded and its yield remained at minus 0.120%. The five-year yield was flat at minus 0.080%. (Reporting by Tokyo markets team; Editing by Ramakrishnan M.) Our Standards: The Thomson Reuters Trust Principles.