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brookstyesterday at 3:37 PM3 repliesview on HN

It’s the symbolism more than direct financial impact. You get 100 moves like this and it starts to become real money.


Replies

nonethewiseryesterday at 5:03 PM

It's not a symbolic move by the pension fund. It's all of the fund's US treasuries.

marcusverusyesterday at 7:17 PM

100 moves of this size (~$10B) would make up 0.1% of foreign-held US treasuries (~$8.5T).

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