TOKYO, Nov 8 (Reuters) - Yields on super-long Japanese government bonds rose on Tuesday ahead of an auction for 30-year notes, while the 10-year bond yield remained at the top end of the Bank of Japan's policy band.
The 20-year JGB yield rose as high as 1.195%, its highest since Oct. 26, before trading last up 2.5 basis points at 1.190%.
The 30-year JGB yield rose 1 basis point to 1.585% and the 40-year JGB yield rose 2.5 basis points to 1.835%.
"The auction in the next session weighed on the prices of super-long dated bonds," said Katsutoshi Inadome, a senior bond strategist at Mitsubishi UFJ Morgan Stanley Securities.
The 10-year JGB yield was flat at 0.250% as the Japanese central bank continues its daily offer to buy unlimited amounts of bonds of the same maturity to keep the yield below its target.
The two-year JGB yield was flat at -0.045%.
The five-year yield fell 0.5 basis point to 0.080%.
Benchmark 10-year JGB futures fell 0.07 point to 148.41, with a trading volume of 10,598 lots. (Reporting by Junko Fujita and the Tokyo markets team; Editing by Subhranshu Sahu)
