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Norway’s sovereign wealth fund proposes cutting U.S. Treasury holdings

Norway’s sovereign-wealth fund has proposed a major cut to its U.S. Treasury bond holdings amid higher interest rates and surging debt levels.

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By Martin BaccardaxThe world's biggest sovereign-wealth fund has proposed a major cut to its U.S.

Treasury bond holdings as markets around the world grapple with higher interest rates, surging debt levels, and increasing levels of intervention from government officials that have rattled investor se…