NORWAY’S 🇳🇴 $2.3T OIL FUND MAY CUT U.S. TREASURIES BY ~$80B
NBIM proposed cutting government debt from 70% to 50% of its bond benchmark, shifting mainly into agency MBS and other U.S. debt. Dollar exposure would fall just 0.5 points, so this is not a broad U.S. exit. - FT