Rates moved higher Tuesday on increased optimism about a Greek debt deal and hawkish comments from a Fed official. This morning, Federal Reserve Governor Jerome Powell espressed support for a Federal Funds rate hike in September and a second increase by year end. Powell is a voting member of the policy setting committee. In economic news, May Durable Goods Orders fell 1.8%, far below the consensus forecast for a decline of 0.5%. New Home Sales rose unexpectedly to 546,000 annual units, a 7-year high. Results from today’s 2-year Treasury auction will be released at 1:00 PM.