TOKYO, Nov 9 (Reuters) - The 10-year Japanese government bond yield rose to its highest level in 4-½ months on Monday as a recovery in Tokyo's Nikkei average from earlier losses prompted selling in bond futures by speculators.

Bond investors were cautious ahead of two JGB auctions this week after fiscal worries led to only lukewarm support for a 10-year sale last week.

The 10-year JGB yield rose 2 basis point to 1.465 percent JP10YTN=JBTC. December 10-year futures 2JGBv1 shed 0.19 point to 137.37.

(Reporting by Shinichi Saoshiro)