The World's Largest Sovereign Fund Wants to Dump $80 Billion of Treasuries | Is TLT Now a Trap?
5 Articles
5 Articles
The World's Largest Sovereign Fund Wants to Dump $80 Billion of Treasuries | Is TLT Now a Trap?
Norway's sovereign wealth fund just signaled it may unload tens of billions in long Treasuries, and TLT holders are left asking whether the most popular long-duration ETF has quietly become a value trap hiding behind its coupon.
The World’s Largest Sovereign Fund Wants to Dump $80 Billion of Treasuries | Is TLT Now a Trap?
The post The World’s Largest Sovereign Fund Wants to Dump $80 Billion of Treasuries | Is TLT Now a Trap? appeared first on 24/7 Wall St.. The world’s largest sovereign wealth fund proposed trimming roughly $80 billion of United States Treasury exposure, and holders of the iShares 20+ Year Treasury…
In a letter to the Ministry of Finance, the oil fund recommends that the proportion of government bonds be cut from 70 to 50 percent. The United States will be hardest hit.
Sovereign Fund of Norway proposes cut of $80 billion in TreasuresSovereign Fund of Norway wants to cut $80 billion in Treasures and expand MBS
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