Sweden's largest pension fund has sold off the vast majority of its US Treasury holdings

BlockBeats News, January 21st, Sweden's largest pension fund, Alecta, has sold off most of its holdings of US Treasuries, with the sale amounting to around 70 billion to 80 billion Swedish Krona (7.7 billion to 8.8 billion US dollars). Alecta attributed this to increased US policy risk and unpredictability.

The day before, the Danish pension fund, Akademiker Pension, also announced the sale of around 100 million US dollars of US Treasuries, citing growing concerns about the US fiscal sustainability and policy direction-induced credit risk. (Jinse)