Why Greenland Is Now Part of US Treasury Story
6 Articles
6 Articles
The decision of a Danish pension fund to sell its US Treasury bill portfolio raises the question of whether it is an effective way to respond to Trump's attacks. ...
Danish Pension Fund To Dump All US Treasuries Citing 'Rising Credit Risk': Executive Says America's Finances Are No Longer 'Sustainable' - SPDR Gold Shares (ARCA:GLD), iShares U.S. Treasury Bond ETF (BATS:GOVT)
A Danish pension fund is preparing to sell its entire holding of U.S. Treasury securities by the end of January, citing concerns about credit risk tied to fiscal and political developments under President Donald Trump.
The Greenland pension fund is considering selling its investments in US stocks. SISA pension CEO Søren Schock Petersen believes that terminating the investments would be a symbolic stand against US President Donald Trump's threat to annex the Arctic island.
Denmark is responding to Donald Trump's threats regarding Greenland. The country will dump all its US bonds.
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