Danish pension fund decides to sell US bonds, claiming the US is no longer a good credit counterpart

BlockBeats News, January 20 — According to foreign media reports, Danish pension fund “AkademikerPension” plans to sell all its US Treasury holdings by the end of January, citing concerns over credit risk associated with Trump’s policies. The fund’s Chief Investment Officer Anders Schelde stated on Tuesday: “Overall, the credit situation in the US is poor, and in the long term, the fiscal health of the US government is unsustainable.”

It is reported that the fund manages approximately $25 billion in savings for teachers and scholars. By the end of 2025, its holdings of US Treasuries are expected to be around $100 million.

Schelde explained that risk management and liquidity management are the only reasons for maintaining the Treasury holdings, but “we have decided to explore other alternatives.” Among the factors driving this decision, Schelde mentioned Trump’s threatening remarks about Greenland. Additionally, concerns over fiscal discipline and a weakening dollar also prompted the fund to reduce its exposure to US assets.

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