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Solid auction, while Tsys hold..........>

US TSYS/10Y
US TSYS/10Y: Solid auction, while Tsys hold higher/off top end session range
after $23B 10Y auction awarded 2.957% rate (2.960% in August; 3.112% avg) trades
through vs. 2.963% WI; 2.58 bid/cover (2.55 previous). Indirects drew 63.92% vs.
61.27% prior, 13.44% directs vs. 11.27%, and 22.64% for dealers vs. 27.45%.

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