
The local share market has sunk to a six-month low, pressured by soaring bond yields even as the Reserve Bank left rates on hold for a fifth straight meeting.
The benchmark S&P/ASX200 index on Tuesday finished down 89.8 points, or 1.28 per cent, to 6,943.4 - its lowest level since March 20 and leaving it down 1.35 per cent so far this year.