The US treasury auctioned off $13 billion of 20 year bonds at a high yield of 4.810%

• High yield 4.810%
• WI level at the time of the auction 4.814%.
• Tail -0.4 basis points versus six-month average of +0.8 basis points
• Bid to cover 2.63X vs six-month average of 2.56X
• Directs 12.32% vs six-month average of 17.9%
• Indirects 70.68% vs six-month average of 66.8%
• Dealers 16.99% vs six-month average of 15.3%

This article was written by Greg Michalowski at www.forexlive.com.