Norway’s US$2 trillion sovereign fund proposes deep cuts to U.S. Treasury holdings - BNN Bloomberg
Norway’s US$2 trillion sovereign fund proposes deep cuts to U.S. Treasury holdings - BNN Bloomberg
Source: BNN Bloomberg
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DW NOTE
Norway's sovereign wealth fund holds $355 billion in U.S. Treasuries. It now wants out — not because of fiscal concerns, but because Washington's 60% probability of hiking into a blockaded strait and a $1.4 trillion deficit makes duration a liability, not an anchor. When the world's largest sovereign fund starts treating your debt as tactical rather than structural, you've lost more than a bondholder.