10-Year yield futures tested the 4.20% resistance level before reversing to close unchanged at 4.17%. The session was influenced by a stronger than expected third quarter GDP report and high consumer confidence readings, which initially propped up yields. Despite the flat close, the CVOL index indicated that volatility is creeping higher after hitting multi-year lows last week. Market participants are looking ahead to the MBA mortgage applications report and a $44 billion 7-Year auction scheduled for tomorrow.