Norway’s $1 Trillion Wealth Fund Ends Bet on Higher Rates

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Norway’s $1 trillion wealth fund ended a long-running bet on higher interest rates as its massive bond portfolio was swamped by negative yields.

Source: https://www.bloomberg.com/news/articles/2019-08-21/norway-s-wealth-fund-delivers-28-5-billion-gain-ahead-of-plunge?utm_medium=social&utm_campaign=socialflow-organic&utm_content=business&utm_source=twitter&cmpid=socialflow-twitter-business&fbclid=IwAR1rYz-MwbzBIr8PY6klYqSbWQnK6D40gzRSTbOBs0qTx2jMcNgs07EvXqc