Norway Fund Proposes $80B Treasury Selloff: Norway's $2 trillion
Norway's $2 trillion sovereign wealth fund has proposed selling roughly $80 billion in U.S. Treasuries, a significant reduction in its government bond holdings. The proposal aims to shift the fund's asset allocation away from fixed income toward equities and other investments.
๐ฟ๏ธ This move signals a major bet against U.S. debt, potentially pressuring Treasury yields higher as the world's largest sovereign fund rebalances.