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microtonaltoday at 7:39 AM0 repliesview on HN

European pension funds are also slowly getting rid of US bonds. They don't talk about it because they don't want to attract the ire of Trump and they don't want to create panic in the markets as long as they are still invested. But e.g. the Dutch fund ABP sold 1/3rd of their US bonds in 6 months (10 out of 30 billion in US bonds that they have). They reinvested the money in Dutch and German bonds.