62FINANCE
⚡ Markets: A significant reduction in demand for US debt from a major holder could put upward pressure on Treasury yields. This reflects a broader global trend of diversification away from US dollar assets.US TreasuriesUSD
The manager of Norway's massive sovereign wealth fund has proposed significantly reducing its holdings of US Treasury bonds. If approved, this would mark a major portfolio shift for one of the world's largest investors away from the benchmark global safe asset.
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