TOKYO, March 1 (Reuters) - Japanese shares rebounded on Monday from the biggest day's fall in almost a year in the previous session, led by chip and electronics shares, as a pause in the rise in the U.S. bond yields boosted the tech-heavy Nasdaq index .
"The Nikkei will reclaim the 30,000 level sooner or later depending on how the U.S. bond yields will perform," said Masahiro Ichikawa, chief market strategist at Sumitomo Mitsui DS Asset Management.
"In the first place, the yields rose on expectations for an economic rebound, which is not a bad news for the stock market."
Yields on U.S. 10-year notes US10YT=TWEB came off to 1.40%, from last week's peak of 1.61%. MKTS/GLOB .
Itochu 8001.T jumped 2.59% after Warren Buffet's Berkshire Hathaway (NYSE: BRKa ) disclosed a holding of a 5.1% stake in the trading house as of Dec. 31. largest percentage gainers in the Nikkei index were NTT Data Corp 9613.T , rising 5.97%, followed by Trend Micro 4704.T gaining 5.47 % and SoftBank Group.
There were 173 advancers on the Nikkei index against 46 decliners
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