 The US treasury is to auction off 12 B of 20 year bonds at the top of the hour. The current yield is around 3.72. The 6 month averages of the major components shows:Tail -0.5 bpsBid to cover, 2.57XDirects a measure of domestic demand, 17.2Indirects a measure of international demand, 71.9Dealers they get the rest 10.8The high yield at the last auction was at 3.935 with a tail of -1.3 bps. The directs and indirects... 