GLOBAL MARKETS - Stocks Rebound While Dollar, Treasury Yields Fall

WALL STREET - NEW YORK/LONDON, May 31 (Reuters) - MSCI's global equities indexstaged an afternoon rebound on Friday as investors repositioned for month-end, while the dollar fell with Treasury yields as data showed a modest rise in U.S. inflation in April.

After spending most of the session in the red, the MSCI All Country World Price Index turned positive ahead of a rebalance of the index.