TOKYO, Jan 6 (Reuters) - Japan's 10-year government bond

yield edged lower on Tuesday as investors awaited the outcome of

a same-maturity bond auction due later in the day.

The 10-year JGB ‌yield fell 1 basis point (bp)

to 2.105%.

"The auction is expected to receive modestly ​firm demand,"

said Miki Den, a senior Japan rate ‍strategist at SMBC Nikko

Securities.

"The market sees few ⁠reasons to ⁠buy the 10-year bonds now

but their yield level is attractive," he ‌said.

The 10-year bond yields climbed ​to a near three-decade high

in the previous session, as markets braced for further interest

rate ⁠hikes by the Bank of ‍Japan.

The ​bets are growing that the BOJ will raise interest rates

faster and higher to reverse the trend of ‍the weak yen. The yen

has struggled to regain ground as markets expect the pace of the

BOJ's rate hikes will remain slow.

The central bank raised its policy rate to 0.75% from 0.5%

last month, but ​Governor ‍Kazuo Ueda has offered no hints on the

timing of further increases.

A weaker yen raises import costs ​and stokes inflation,

reinforcing expectations for further interest rate hikes by the

BOJ.

The two- and five-year bonds have not been traded as of 0051

GMT.

Yields on longer-dated bonds rose, with the 20-year JGB

yield inching up 0.5 bp to 3.050%.

The 30-year JGB ​yield rose 1.5 bps to

3.470%.

The finance ministry is set to auction about 2.6 trillion

yen ($16.59 billion) of 10-year bonds later in the day.

($1 = ‍156.7400 yen)