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FX/BondsIMPORTANT

US sells USD 13bln of 20-year bonds; Stops through 1bps

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High Yield: 4.927% (prev. 5.122%, six-auction avg. 4.855%): WI 4.937% Tail: -1bps (prev. 0.0bps, six-auction avg. -0.1bps) Bid-to-Cover: 2.75x (prev. 2.55x, six-auction avg. 2.65x) Dealers: 8.48% (prev. 9.4%, six-auction avg. 10.8%) Directs: 19.94% (prev. 22.9%, six-auction avg. 24.3%) Indirects: 73.2% (prev. 67.7%, six-auction avg. 64.9%)

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