TOKYO, Nov 13 (Reuters) - Yields on Japan's

super-long-dated bonds fell on Thursday, reversing the sell-off

in the prior session, while the five-year bond auction saw

moderately firm outcome.

The 30-year JGBs fell 1.5 basis points

(bps) to 3.175%.

The 20-year JGB yield fell as much as 1 bp to

2.680%. The 40-year JGB yield fell as much as 2

bps to 3.510%.

On Wednesday, yields on the super-long-dated bonds rose to a

near one-month high on concerns about Prime Minister Sanae

Takaichi's spending plans.

Bond yields move inversely to prices.

The market did not react to the five-year bond auction held

earlier in the day, which saw a modest outcome, said Miki Den, a

senior Japan rate strategist at SMBC Nikko Securities.

The five-year yield fell 0.5 bp to 1.24%.

Bank of Japan Governor Kazuo Ueda's said at a parliament

session that long-term rates are to be shaped by markets. His

remarks limited the decline of the 10-year bond yields, said

Den.

"The market took his comments as a sign that the BOJ would

allow the yield to rise further," said Den.

The 10-year JGB yield was last flat 1.685%,

after inching down 0.5 bp to 1.68%.

The two-year JGB yield, the most sensitive to

the BOJ's policy shift, fell 1 bp to 0.925%.