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World's largest state fund cuts bond allocation from 70% to 50%
Capital.grLO·US·about 9 hours ago
Norway's sovereign wealth fund is reducing its holdings of US and eurozone bonds as part of a broader restructuring of its fixed-income portfolio. The move signals a shift in allocation strategy by one of the world's largest investors, potentially affecting demand for these sovereign debt markets. The exact scale and timeline of the reduction remain unspecified.
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