U.S. sovereign bond prices held higher Wednesday after the Treasury Department sold $29 billion in 7-year notes at a high yield of 2.013 percent.
The bid-to-cover ratio, an indicator of demand, was 2.51 versus a recent average of 2.52.
Indirect bidders, which include major central banks, were awarded 55.9 percent, slightly above a recent average of 55 percent. Direct bidders, which include domestic money managers, bought 13.5 percent, over a recent average of 12 percent.
After the sale, Treasury prices held higher. They were up on Wednesday after news that Turkey shot down a Russian warplane on the Syrian border Tuesday fueled demand for the safe haven asset and amid a series of U.S. economic data sets.
The Commerce Department said non-defense capital goods orders excluding aircraft, a closely watched proxy for business spending plans, increased 1.3 percent last month after an upwardly revised 0.4 percent rise in September.
Meanwhile, the Labor Department said weekly jobless claims declined by 12,000 to 260,000 week over week. September personal income rose 0.4 percent.
But gains have been limited by a run of encouraging data that supported the view that the Federal Reserve will raise rates for the first time in almost a decade next month.