U.S. sovereign bond prices held higher Wednesday, with investors seeking safe havens on the back of a lull in stock gains and a downturn in oil prices.
The Treasury Department auctioned $12 billion in 30-year bonds at a high yield of 2.172 percent.
The bid-to-cover ratio, an indicator of demand, was 2.48, higher than a recent average of 2.35.
Indirect bidders, which include major central banks, were awarded 68.5 percent, well above a recent average of 61 percent. Direct bidders, which includes domestic money managers, bought 8.4 percent, below a recent average of 10 percent.