Norway’s Oil Fund proposes cutting U.S. Treasurys by about $80B
Norway’s $2.4 trillion sovereign-wealth fund manager proposed reducing government-bond holdings and adding riskier debt, which would shrink U.S. Treasurys holdings by about $80 billion.
Site Search
Search market news
Find public news by keyword, exact ticker, category and date.
Matching instruments
Open a ticker page for its news coverage. The news search below stays a text search.
News Feed
3 results loaded, newest first. End of these results.
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 Oil Fund manager proposes reducing government bonds
Norges Bank Investment Management, which manages Norway’s $2.4 trillion sovereign-wealth fund, proposed cutting government-bond holdings to add riskier debt in a bid to seek greater returns.