US treasury sells 10 year notes at a high yield of 4.683%

High yield 4.683% WI 4.682% Tail 0.1 basis points vs average of +0.3 basis points Bid to cover 2.53X vs 6 month average of 2.47X Directs 14.7% vs 17.7% average Indirects 76.7% vs 71.3% average Dealers 8.6% vs 11.0% average Auction Grade: B+ There was a modest tail but it is…