NEWS

Norway wealth fund boosts US Treasury holdings despite government debt concerns


< Back to all news

Norway wealth fund boosts US Treasury holdings despite government debt concerns

Business

Category: Accounting / Financial

Norway’s $2.2 trillion wealth fund, the world’s largest, has maintained its appetite for U.S. Treasury bonds even ​though it has concerns about high government debt levels in the U.S. and elsewhere, as it follows its investment mandate. The fund is responsible ‌for investing the Norwegian state’s revenues from oil and gas production in bonds, stocks, property and unlisted renewable energy projects outside its home country.

Read more.

Source: Reuters