Rates were little changed Thursday as there were no major surprises in today’s economic data. Third quarter Gross Domestic Product (GDP) was revised higher to 2.7% from 2.0%, which was slightly below the consensus forecast. Most of the increase was due to a buildup of inventories, which means there will likely be a lower production of goods in future quarters. Weekly Jobless Claims fell to 393,000, close to expectations. The National Association of Realtors reported the October Pending Home Sales index rose 5.2%, far exceeding an expected increase of 1.0%, to the highest level since March 2007. Results from today’s 7-year Treasury auction will be released at 1:00 PM.