Norway Wealth Fund Proposes US Treasury Cuts
Norway's sovereign wealth fund has proposed reducing its exposure to US Treasuries by nearly 80 billion dollars. The plan aims to improve bond returns and increase diversification into other assets.
Norway's sovereign wealth fund has proposed cutting its holdings of United States Treasuries by nearly $80 billion as part of a major bond index shake-up. The potential reallocation targets the fund's $215 billion exposure to U.S. government debt. The move aims to improve portfolio returns amid soaring long-term borrowing costs.
