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Norway's $2.3T Fund Rebalances U.S. Bonds | US News
Norway’s $2.3 trillion sovereign wealth fund is quietly pivoting away from U.S. Treasuries, aiming to rebalance its bond portfolio for better returns and risk management in a shaky market. By slashing government bonds’ weight from 70% to 50% and shifting toward private assets like real estate and renewable energy, the fund hopes to diversify beyond tech-heavy stocks. They’ll swap some Treasuries for mortgage-backed securities — keeping U.S. dollar exposure steady while chasing higher yields. Changes will roll out slowly, pending government approval, to avoid market disruption and ensure…
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