Alecta Sells $7.5B in US Bonds: Is This the Start of a Trend?
Alecta, a major Swedish pension fund, has reportedly sold off a significant portion of its U.S. Treasury holdings, with estimates suggesting sales of approximately 70-80 billion Swedish krona. The fund confirmed that it had divested “most of its holdings.” The decision was made due to increased risk and uncertainty within U.S. politics.