 The US treasury will auction off 32 billion of 10 year notes at the top of the hour 9 year 11 month actuallyThe six-month average of the major components shows:Tail 1.8 bpsBid to cover 2.40XDirects 19Indirects 62.8Dealers 18.3The 3 year auction earlier today was met with decent demand with a -0.3 bp tail and solid demand from international investors.Looking at the 10 year yield chart, the yield moved back above t... 