TOKYO, Nov 12 (Reuters) - Yields on Japan's

super-long-dated bonds rose to a near one month high on

Wednesday, with investors citing concerns about Prime Minister

Sanae Takaichi's spending plans.

The 20-year JGB yield rose as much as 2 basis

points (bps) to 2.695% and the 30-year JGB yield

rose 2 bps to 3.195%, their highest levels since mid-October.

Takaichi said this week she would work on setting a new

fiscal target extending through several years to allow more

flexible spending, essentially watering down Japan's commitment

to fiscal consolidation.

"Concerns about fiscal expansion have resurged," said

Takashi Fujiwara, chief fund manager at Resona Asset

Management's fixed income investment division.

The rise in yields also followed a weak outcome of the

30-year bond auction in the previous session.

But a sell-off of 30-year bonds will be limited as demand

may match supply as Japan's finance ministry had cut the amounts

sold at the auctions, said Fujiwara.

Weak demand at long-term debt auctions earlier this year

spooked the market, causing a spike in yields and prompting the

ministry to curtail issuance of 20, 30, and 40-year securities.

The ministry may indicate further a reduction of 30-year

bond sales at a meeting of primary dealers later this month,

said Fujiwara.

Yields on shorter-dated bonds were little changed, with the

10-year JGB yield inching down 0.5 bp to 1.685%.

The five-year yield was flat at 1.245%, while

the two-year JGB yield rose 0.5 bp to 0.935%.