US sells USD 16bln of 20-year bonds; On the screws

Tail: 0bps (prev. -0.9bps, six-auction average -0.1bps) High Yield: 5.122% (prev. 4.883%, six-auction average 4.786%): WI 5.122% B/C: 2.55x (prev. 2.68x, six-auction average 2.62x) Dealer: 9.39% (prev. 9.7%, six-auction average 11.1%) Direct: 22.94% (prev. 22.9%, six-auction average 25.4%) Indirect: 67.67% (prev. 67.4%, six-auction average 63.5%)