Norway’s $2.3 trillion sovereign wealth fund is reportedly cutting about $80 billion of US Treasury exposure. The shift is not toward stocks or commodities, but within fixed income, reducing government bonds in its benchmark to 50% from 70% in favor of higher-yielding debt.
published
Norway’s $2.3 trillion sovereign wealth fund is reportedly cutting about $80 billion of US Treasury exposure. The shift is not toward stocks or commodities, but within fixed income, reducing government bonds in its benchmark to 50% from 70% in favor of higher-
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