US treasury sells 10 year notes at a high yield of 4.683%

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High yield 4.683%WI 4.682%Tail 0.1 basis points vs average of +0.3 basis pointsBid to cover 2.53X vs 6 month average of 2.47XDirects 14.7% vs 17.7% averageIndirects 76.7% vs 71.3% averageDealers 8.6% vs 11.0% averageAuction Grade: B+There was a modest tail but it is against an average of 0.3% BId to cover was higher vs the average (good). Domestic buyers were less than the average but international demand was stronger. The dealer were left with less than the average which is the best part and leads to the solid B+ grade.   This article was written by Greg Michalowski at investinglive.com.