High-yield 3.897%WI level at the time of the auction 3.909% tail of -1.2 basis points versus 6 auction average of -0.3 basis points . Bid to cover 2.68X vs 6 auction average of 2.66XDealers 13.28% versus 6 auction average of 12.3%.Directs 11.9% versus 6 auction average of 25.8%.Indirects versus 6 auction average of 61.9% This article was written by Greg Michalowski at investinglive.com.