45FINANCE
⚡ Markets: A major sovereign fund shifting away from US Treasuries signals a long-term trend of diversification from the dollar. While the fund's selling will be gradual, it contributes to upward pressure on US borrowing costs.US 10Y YieldUSD
The world's largest sovereign wealth fund, Norway's Norges Bank Investment Management, announced plans to cut its holdings of U.S. Treasury bonds. The fund aims to diversify its portfolio into assets with potentially greater risk and returns.
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