Japanese government bond (JGB) prices closed higher after global oil prices hit another record high overnight, clouding the economic outlook, dealers said. The bellwether No 271 10-year bond, which carries a 1.2 pct coupon, ended trade yielding 1.405 pct, down from 1.425 pct at yesterday's close. The lead 20-year bond was yielding 2.040 pct, down from 2.075 pct late yesterday, and the benchmark five-year note ended at 0.625 pct, down from 0.630 pct. Bond prices move inversely to yields. The 10-year bond futures contract finished at 138.93 yen, up from 138.72 yen at Thursday's finish.