31 March 21 - Europe Rebounds | Woodside Petroleum Global markets were mixed overnight (S&P 500 index -0.3%) as Wall Street ended the session lower with investors selling tech-related growth shares as US bond yields climbed to a 14-month high. The 10-year Treasury yield, which is having a great impact on equity markets closed at 1.72%, pulling back after reaching a 14-month high of 1.77% earlier in the session. Combined with hopes of a strong economic recovery this saw the US dollar to strengthen for a second day.  US Bank stocks rebounded as investors took heart from signs that the impact from the fallout from a large hedge fund which blew-up did not ripple out into broader markets.  A Euro area measure of economic confidence, a mix of consumer and business confidence – was also much better than expected, rising to its highest level in a year. The Euro Stoxx 50 index rose by 1.1% to a fresh record hi...