Rates held steady Thursday as newly released economic data came in close to expectations. Second quarter GDP grew by 2.3%, below the consensus forecast of 2.7%, however first quarter GDP was revised higher to +0.6% from -0.2%. Taken together, the economy grew by 1.5% in the first half of 2015. Weekly Jobless Claims rose to 267,000, a bit lower than expected. Results from today’s 7-year Treasury auction will be released at 1:00 PM.