Norway sovereign wealth fund proposes cutting government bonds
Norway’s sovereign wealth fund proposes reducing government bonds in its $2.3 trillion portfolio to increase riskier debt. It would cut government debt to 50% of the bond portion from 70%, with Treasuries most affected.
Norway’s sovereign wealth fund proposed reducing the amount of government bonds in its $2.3 trillion portfolio to boost holdings of riskier debt, with Treasuries the most affected.Government debt should be cut to 50% of the bond portion of the portfolio from 70%, Norges Bank Investment Management s…