Rates Move Lower in Choppy Trade. Looking at the Charts

By: Matthew Graham • Wed, Apr 21 2010, 9:18 AM

MBS opened up as high as 100-10 before 9am, trends still developing
The 10yr took a nice "baby bounce" off yesterday's low yield as a MAJOR pivot gains evidence as support
Wow Wow Wee Wow, look at the S&P chart!
(update at 9:07am): Treasuries lovin' it. MBS falter a bit(struck by lighting)
Since this is all charts, let me know if you want more discussion on something particular!

Wow Wow We Wow!