Mumbai, Aug. 20 -- Japanese shares recovered on Thursday, with the Nikkei 225 rising 1.36% to 66,217 and the broader Topix gaining 1.18% to 4,060. The rebound ended a two-day decline as markets followed a positive lead from Wall Street and global bond yields moved lower.

Bond market concerns eased after the US Treasury said it would more than double its purchases of 10-, 20- and 30-year debt in the coming months. The move came after the US 30-year Treasury yield reached its highest level since 2007 earlier this week. Japan's 10-year government bond yield also eased to around 2.84%, after touching a 30-year high of 2.95%.

Meanwhile, Japan's trade deficit widened sharply in July as imports jumped to a record high, mainly due to higher cru...