The US treasury will auction off a $16 billion of 20 year bonds at the top of the hour

<p>The US Treasury will auction off $16 billion of 20-year bonds at the top of the hour</p><ul><li>High Yield: Previous: 5.245%)</li><li>Tail: Previous: -1.2bps, six-auction average: -0.7bps</li><li>Bid-to-Cover: Previous: 2.59x, six-auction average: 2.67x</li><li>Dealers: Previous: 11.9%, six-auction average: 10.2%</li><li>Directs: Previous: 15.2%, six-auction average: 19.7%</li><li>Indirects: Previous: 72.9%, six-auction average: 70.1%</li></ul>

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