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EconomyManager of Norway’s $2tn oil fund proposes slashing US Treasury holdings

The manager of Norway’s $2tn oil fund has proposed sharply reducing its holdings of US Treasuries. The bond-portfolio overhaul submitted to the Ministry of Finance is intended to increase returns.

Norway oil fundUS Treasuriesbond portfolio

FFinancial Times★★★☆☆2026-09-04 04:00Original

Manager of Norway’s $2tn oil fund proposes slashing US Treasury holdings
Economy