Japanese shares rise as higher yields buoy banks, weak yen lifts autos

The broad Topix index ended the day 0.6% higher at 3,100,87, snapping a three-day losing run.

The more tech-heavy Nikkei managed just a 0.05% rise to 42,633.29, with declines for heavyweights Fast Retailing and Advantest weighing on the overall index.

The benchmark 10-year Japanese government bond yield rose to a 17-year peak.

The yen weakened to a three-week trough of 148.77 per dollar , boosting the value of overseas revenues at Japanese car makers and other exporters.