NEW YORK (CNN/Money) - The dollar held steady against the euro Tuesday, finding support after a wave of warnings from European officials expressing concerns over the euro's rapid ascent against the U.S. currency.

In late New York trading, the euro bought $1.2903, down slightly from $1.2912 late Monday. The dollar bought ¥105.73, up from ¥105.53 Monday.

Treasury prices also stood still as the market prepared to digest $15 billion in new debt just a day before the Federal Reserve is widely expected to raise official interest rates.

At around 3:30 p.m. ET, the benchmark 10-year note stood unchanged at 100-7/32 to yield 4.22 percent, same as Monday. The 30-year bond lost 2/32 of a point at 106-11/32 to yield 4.94 percent, up from 4.93 percent on Monday. Bond prices and yields move in opposite directions.

The two-year note and the five-year note were both unchanged. The two-year note was at 99-13/32 to yield 2.81 percent, while the five-year note was at 99-10/32 to yield 3.52 percent.

The first leg of the Treasury's quarterly refunding drew strong demand particularly from indirect bidders such as foreign central banks. Traders were hoping Tuesday's five-year note sale would meet a similarly warm reception, ensuring they would not be left holding the paper.

"We suspect central banks were big buyers and will remain so," one trader at a U.S. primary dealer told Reuters. "There's a bundle of notes maturing next week and a big coupon payout and people figure the (central) banks will get much of that cash. If they don't want the dollar to weaken, and they don't, they'll have to roll that money over into new debt," he explained.

Some $48 billion in Treasury notes mature on Nov. 15 and the same day Treasury makes $20 billion in coupon payments. Much of the money should find its way to foreign central banks, who own over a quarter of all marketable Treasury debt.

The U.S. economic reports released Tuesday were mixed.

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The UBS/ICSC survey of store sales showed a sizable 1.3 percent bounce last week after three weeks of decline. The report said an expected shift to colder weather should help drive demand for seasonal goods.

However, the IBD/TIPP poll of consumer confidence showed a drop to 55.1 in early November from October's 57.5, reflecting in part gloom among Democratic voters after the election.

Wholesale inventories also rose a softer-than-expected 0.5 percent, disappointing those who had looked for a build up in stocks and an upward revision to third quarter GDP growth.  

-- from staff and wire reports