This week the dealers are expecting to sell $1.42 billion of new paper, but that will be down $680 million from last week.

It was on the high end of what most dealers had expected the range to be, about 75 to 80 basis points over Treasuries.

He said that dealers had expected little change from the July level.

Business, while down from a year ago, was better than many dealers had expected, considering the war and the recession.

These lower auction yields showed there was more demand for the two-year note than dealers had expected.

With the two-year auction still fresh on everyone's mind, most dealers had expected the award to come in at 5.69 percent.

Many dealers are expecting another boom cycle to coincide with the show.

Because this market has been so profitable for Wall Street in the past, dealers expect new players to emerge.

Most dealers expect substantial demand, though not a huge one.

The spread over Treasury securities was what many dealers had expected before pricing.