Auction History: US Treasury will sell USD 16bln of 20yr bonds, settling 2nd March, at 18:00GMT/13:00EST

US 20YR BOND AUCTION RECENT HISTORY:

• High Yield: (prev. 4.846%, six-auction avg. 4.724%)
• Tail: (prev. -1.0bps, six-auction avg. -0.4bps)
• Bid-to-Cover: (prev. 2.86x, six-auction avg. 2.66x)
• Dealers: (prev. 6.2%, six-auction avg. 10.1%)
• Directs: (prev. 29.1%, six-auction avg. 26.9%)
• Indirects: (prev. 64.7%, six-auction avg. 63.0%)