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News 2026-09-04 11:19 UTC

Norway offers a case study in US financial gravity

By Liam ProudThe manager of the country's $2.3 trln sovereign fund may reduce American government debt to 22% of its bond index, from 34% now. Yet it's mostly a way to buy more US state-backed mortgage securities instead. Diversifying away from dollar assets, including equities too, is hard.Full v…