Rates were little changed Wednesday in another day of volatile trading. This morning, June Durable Goods Orders declined 2.1%, below the consensus forecast. The Mortgage Bankers Association weekly purchase activity index fell by 4%, while the refinancing activity index declined by 6%. Average reported 30-year fixed rates rose last week to 4.57%, not including fees. Stocks moved lower as investors remained focused on debt ceiling negotiations. Results from today’s 5-year Treasury auction will be released at 1:00 PM. The Beige Book, a survey of economic activity by the Fed’s 12 regional banks, will be released at 2:00.