High-yield 4.734%WI level at the time of the auction 4.73%Tail 0.4 basis points versus 6 month average -0.2 basis points.Bid to cover 2.38Xversus 6 month average 2.37XDirects 26.9% versus 6 month average 25.8%Indirects 65.5% versus 6 month average 61.2%Dealers 8.7% versus 6 month average of 13.0% This article was written by Greg Michalowski at investinglive.com.