Norway's Warning Shot: The World's Biggest Fund is Fleeing U. S.
Treasurys The world's largest sovereign wealth fund, Norway's NBIM, has sent a shockwave through financial markets by proposing to slash its holdings of U. S. Treasury bonds from 34. 1% to 21. 9% of its portfolio.
This significant shift in sentiment among major investors towards the safety and reliability of traditional government securities is not just a minor tweak to the fund's investment strategy.