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Danish pension fund to sell $100 million in Treasurys, citing ‘poor’ U.S. government finances
Key Points
- Danish pension operator AkademikerPension said it is exiting U.S. Treasurys over finance concerns tied to America’s budget shortfall.
- The move comes amid increasing tensions with the U.S. over Greenland as President Donald Trump pushes for control of the island.
- AkademikerPension said it plans to have closed its position of around $100 million in U.S. Treasurys by the end of the month.