norway manages the largest sovereign wealth fund in the world — around $2.3 trillion. now its central bank wants to cut the share of government bonds in its bo...

Bogdan Tereanu

norway manages the largest sovereign wealth fund in the world — around $2.3 trillion.

now its central bank wants to cut the share of government bonds in its bond portfolio from 70% to 50%.
that could mean roughly $80 billion less invested in u.s. treasuries.
the interesting part?
for decades, government debt was the boring “safe” place for enormous pools of money.
when one of the world's biggest investors decides it can afford to own less of it, that's worth paying attention to.