Citigroup: The Federal Reserve's rate cut is expected to keep demand for long-term US government bonds sluggish.

The strategist at Citigroup Investment Research stated that due to the expected slow pace of interest rate cuts, demand for long-term US Treasury bonds is likely to remain weak in the coming months. These strategists said, "The relatively slow pace of monetary easing in the next few months is expected to limit demand for long-term US Treasury bonds." They also mentioned that the political pressure facing the Federal Reserve further reinforces Citigroup's strategists' viewpoints.