Rates were little changed Wednesday in quiet trading. This morning, October Durable Goods Orders jumped 3.0%, well above forecast. The November core PCE price index, the Fed’s preferred measure of inflation, was unchanged from October, and a tame 1.3% higher than one year ago. Weekly Jobless Claims declined to 260,000, below expectations. New Home Sales rose to 495,000 annual units, a bit less than expected. Consumer Sentiment fell to 91.3. Results from today’s 7-year Treasury auction will be released at 1:00 PM. Our office will be closed tomorrow and Friday in observance of the Thanksgiving holiday.