Day traders' after-market lounge October 23

Thanks afternoon crew.

End-of-day summary:

The share market closed at its lowest in almost a year as Australian bond yields followed their US counterparts to multi-year highs.

The ASX 200 fell for a third day, finishing 57 points or 0.82% lower at 6844. Today's close was the index's weakest since October 28 last year.

The energy, materials and industrial sectors led the the retreat. The search for havens lifted healthcare providers, supermarkets and utilities.

A bond market sell-off continued with the yield on 10-year Australian government bonds touching a fresh 12-year high at 4.814%. Today's rally came after the US 10-year yield broke 5% for the first time since 2007.

The ASX paid minimal heed to a modest rebound in US equity futures from Friday's losses. S&P 500 futures edged up 0.2% this afternoon. On Friday, the S&P 500 dropped 1.26% as bond yields rose, Israel continued to shell Gaza and investors reduced their risk exposure ahead of the weekend.