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raincoleyesterday at 4:03 PM2 repliesview on HN

> Danish pension fund AkademikerPension said on Tuesday it would sell off its holding of U.S. Treasuries, worth some $100 million,

> AkademikerPension has in total 164 billion Danish crowns ($25.74 billion)

So they are moving about 0.4% of their investment.

Not pure symbolism, but $100 million is really nothing when we're talking about US treasuries. In the past decade, China has reduced their holding by about $600B.


Replies

jacquesmyesterday at 4:28 PM

Think of it as a bowshot. There are many more such 10 to 100 billion funds and they can move at the drop of a hat if they have to.

show 1 reply
ihswyesterday at 7:16 PM

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