TOKYO, Oct 22 (Reuters) - Tech stocks climbed in Asia on Friday, following U.S. peers higher, while Chinese property stocks rallied following a surprise interest payment by debt-ridden property developer China Evergrande Group. Meanwhile cyclical stocks dragged amid worries that central bankers will need to tighten monetary policy into slowing growth in order to tackle persistent inflation. Regional bond yields rose with those on U.S. Treasuries, where the market priced in higher inflation by narrowing the spread between short- and long-term yields, and pushing breakeven rates to the highest since 2012. The dollar held gains from overnight - when it rose the most since the start of last week against major peers - as better jobs and housing data boosted the case for a faster tapering of Federal Reserve stimulus and earlier interest rate hikes. Japan"s Nikkei (.N225) rose 0.7% led by technology shares, while energy shares were the biggest drag. The broader Topix (.TOPX) added 0.3%, with a 0.6% jump in the Topix growth index (.TOPXG) handily outpacing a 0.1% advance for the value index (.TOPXV). Chinese blue chips (.CSI300) gained 0.3%, with the CSI300 Real Estate Index (.CSI000952) rising 2.5%. Hong Kong"s Hang Seng (.HSI) rose 0.4%, as an index tracking Hong Kong-listed mainland developers (.HSMPI) rallied 4.3%. Australia"s benchmark index (.AXJO) slipped 0.2% as commodity-linked shares fell. China Evergrande Group (3333.HK) wired funds to a trustee account on Thursday for a dollar bond interest payment due Sept. 23, a source told Reuters on Friday, days before a deadline that would have plunged the embattled developer into formal default. The stock jumped 5.4%. read more MSCI"s broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) edged down 0.1%. Meanwhile, S&P 500 E-minis futures slipped 0.1% after the cash index posted a record closing high overnight, led by surging tech shares. The S&P 500 (.SPX) added 0.3%, while the Nasdaq Composite (.IXIC) rallied 0.6%, although the Dow Jones Industrial Average (.DJI) edged slightly lower. Next week, almost all the so-called FAANG giants report earnings: Facebook, Apple, Amazon, and Google-owner Alphabet. Netflix (NFLX.O) posted its results on Oct.19, and for the quarter that ended in September, diluted earnings-per-share came in at $3.19, beating analyst expectations of $2.57. read more "The narrative over the last couple of days has been earnings focused and tech stocks have led the charge," said Kyle Rodda, a market analyst at IG Australia. "There"s momentum there, simple as that." At the same time, he said concerns over growth and inflation has raised speculation that central banks will increase interest rates, potentially crimping growth, and that is weighing particularly heavily on cyclical shares. Oil prices resumed their climb on Friday, after dropping back from multi-year highs reached earlier in the week, amid continued tightness in U.S. supply. Brent crude added 0.2% to $84.77, while U.S. West Texas Intermediate crude rose 0.2% to $82.65. The number of Americans filing new claims for unemployment benefits dropped last week to a 19-month low, data showed overnight, pointing to a tighter labor market. read more Yields on benchmark 10-year Treasury notes were at 1.6922%, holding close to a five-month high of 1.7050% reached overnight. Two-year yields at 0.4484% were also close to the overnight high of 0.4560%, a level not seen since March of last year. The dollar index , which gauges the greenback against six major rivals, was largely flat at 93.730 on Friday, maintaining the previous session"s 0.2% gain. The Fed has signaled it could start to taper stimulus as soon as next month, with rate hikes following late next year. Fed Chair Jerome Powell speaks later on Friday in a panel discussion. Editing by Simon Cameron-Moore