Half-time wrap:
A positive week for Australian investors continued with a third straight advance as iron ore prices continued to recover, while a retreat in bond yields boosted rate-sensitive sectors.
The ASX 200 climbed 42 points or 0.54% by mid-session. BHP, Rio Tinto and Fortescue Metals lifted as a rebound in ore entered a third day. The most active futures contract on China's Dalian Commodity Exchange gained 1.6% this morning.
Ansell led a rally in healthcare providers. Utilities and REITs rose as Australian bond yields tracked their US counterparts lower.
Overnight, the 10-year US treasury yield backed off a five-month high ahead of tonight's consumer inflation data. The S&P 500 recovered late in the session to finish 0.14% higher.
Personal trading: Caught the early low in CGR for a small win, but will need a few more like that to make up for yesterday's bruising.
