 High-yield 3.625 last month 4.14WI level at the time the auction 3.588Tail 3.7 bps vs 1.8 bps averageBid to cover 2.31X vs six-month average of 2.40XDIrects a measure of domestic demand 18.7 vs 19.0Indirects a measure of international demand 59.45 vs six-month average of 62.8Dealers 21.86 vs 18.3The last auction was at a yield of 4.14 which was much higher than the current auction, but it too was met with... 