The sale of U.S. government debt expiring in two years was well-received, with strong demand amidst calls for a Federal Reserve interest-rate cut. The Treasury sold the 2-year debt at a yield of 3.920%, 0.006% lower than expected, indicating a successful sale. Investors are anticipating rate cuts, which could lower yields and make current rates more attractive.

Read more at Dow Jones & Company: 2-Year Debt Sale Strong Amid Pressure on Fed to Cut Rates