According to CoinMeta, Citibank strategists stated that the U.S. Treasury's expansion of long-term U.S. debt repurchase programs has alleviated the upward pressure on long-term U.S. bond yields, but the short-term cost is a weakening of the dollar. Citibank advises investors to end their long positions in the dollar and use the dollar as a financing currency to buy emerging market currencies. Citibank has raised its outlook for gold and longer-duration assets, expecting the Federal Reserve not to raise interest rates at its next two meetings.