Rates were little changed Tuesday as today’s economic data came in below expectations. This morning, the Empire State regional manufacturing index fell to -16.6, below the consensus forecast of -10.0. Readings below zero indicate contraction in manufacturing in the New York region. Separately, the National Association of Home Builders housing sentiment index fell to 58. A reading of 60 had been expected. Readings above 50 indicate more positive than negative builder sentiment. No other key data will be released today.