US treasury auctions off $22 billion of 30 year bonds at a high yield of 4.389%

High yield: 4.389%WI level at the time of the auction: 4.404%Tail -1.5 basis points basis points versus six-month average job 0.9 basis pointsBid to Cover 2.50X versus six-month average of 2 38XDirects (domestic buyers) xx.xx% vs six-month average of 18.4%Indirect (international buyers): xxx.xx% versus six-month average of 65.4%Dealers: x.xx% versus six-month average job 16.2%

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