Daily Market Update 7/26/11

Rates were little changed Tuesday in another day of volatile trading.  Debt ceiling talks continue to be the main focus of investors.  In economic news, Consumer Confidence rose unexpectedly to a reading of 59.5 from 57.6.  New Home Sales fell by 1% to 312,000 annual units.  Results from today's 2-year Treasury auction will be released at 1:00 PM.