http://online.wsj.com/article/SB124502201456213799.html

Institutional Investors See a Treasury Opportunity

Buyers Appeared When 10-Year Bond Yield Rose Above 3.75%; One Strategist Expects 'Substantial Yield Decline'

Walter Burke, a fixed-income technical strategist at Banc of America Securities-Merrill Lynch in New York, said in a report earlier this month he looks for the 10-year note's yield to set "an intermediate-term peak" sometime in June, which could be followed by "substantial yield decline, possibly back toward the last major reflection point near 3.05%."

Mr. Burke said 10-year yields have recorded either their high or low of the year in June every year since 2003. In 2004, 2006, 2007 and 2008, the yield peaked in June.

Very,very nice.  This should get some buyers off the fence and MBS will follow...