Day traders' after-market lounge April 10

Thanks afternoon crew.

End-of-day summary:

The share market logged its longest winning run in a month as falling bond yields brought relief to rate-sensitive sectors, and a recovery in iron ore prices boosted bulk metal miners.

The ASX 200 rallied 24 points or 0.31% to a third straight gain. The heavily-weighted materials sector climbed 0.85% to its highest level since early February. The rally came as ore prices lifted for a third day in China.

A reversal in bond yields lifted rate-sensitive sectors here and in the US overnight. REITs gained 1.17%, health care 1.03% and utilities 0.69%.

The yield on 10-year Australian government bonds declined seven basis points this afternoon, mirroring a similar move in the US ahead of tonight's consumer price report. The S&P 500 swung from initial overnight losses to a gain of 0.14%.