With the Trumpies in charge, the world is dumping US Treasuries….and it’s only just begun, cuz they hate the asshole, like MOST of us….
COPENHAGEN, Jan 20 (Reuters) - Danish pension fund AkademikerPension said on Tuesday it would sell off its holding of U.S. Treasuries, by the end of this month, blaming weak U.S. government finances.
AkademikerPension said the decision was not intended as a political statement linked to the rift between Denmark and the United States over Greenland.
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"The decision is rooted in the poor U.S. government finances, which make us think that we need to make an effort to find an alternative way of conducting our liquidity and risk management," Investment Director Anders Schelde said in a written statement.
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