U.S. Treasury auctions off $69 billion up to your notes at a high yield of 3.455%

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High-yield 3.455%WI level at the time of the auctionTail 0.1 basis points versus 6 month average of -0.5 basis pointsBid to cover 2.63X vs 6 mother average of 2.63XDealers versus 6 month average of 10.7%Directs versus 6 month average of 32.0% Indirects 55.9% versus 6 month average of 57.4% This article was written by Greg Michalowski at investinglive.com.