• $20 BLN 9-YR 10-MO NOTES AT HIGH YIELD 3.210 PCT, 12.77 PCT OF BIDS AT HIGH
•  BID-TO-COVER RATIO 3.01, NON-COMP BIDS $41.9 MLN
•  PRIMARY DEALERS TAKE $9.43 BLN OF 9-YEAR 10-MONTH NOTES SALE, INDIRECT $9.42 BLN

Another healthy indirect bid, but this time bid to cover cracks 3.0 and high yield on the screws with WI.  Great auction.  Prospects for "living to fight another day" look good.  More to follow shortly with charts and official results.