Norway’s $80 Billion Treasury Retreat Is the Canary In the Bond Market
Norway’s $2.3 trillion sovereign wealth fund has proposed drastically reducing its share of government bonds. The world’s largest fund of its type might trim its holding from 70% to 50%. According to Bloomberg, such
Norway's giant savings fund wants to own fewer government bonds and try different investments instead. When a smart, careful investor like this changes their mind, it might mean bonds aren't as attractive as they used to be—so people watch to see if others will do the same.
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only — not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.