Report: Swedish pension giant sells off most of its US Treasury holdings
According to a report by Jinse Finance, citing Sweden's Dagens Industri, Sweden's largest pension fund Alecta has sold off the vast majority of its holdings in US Treasury bonds, with the sale amounting to approximately 70 to 80 billion Swedish kronor (7.7 to 8.8 billions USD). Alecta confirmed that it has sold "most of its holdings," attributing the move to increased US policy risks and unpredictability.
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