On September 4, 2026, the Norwegian leader in charge of managing its $200 billion oil fund proposed reducing its holdings of U.S. government bonds. On the same day, Kenneth Rogoff, former chief economist at the International Monetary Fund, stated in an interview that high debt is a real problem, that the Federal Reserve is unable to influence real interest rates, and clearly indicated that the possibility of a U.S. debt default is not excluded.
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The Norwegian Petroleum Fund plans to reduce its holdings of U.S. bonds; IMF experts warn of the risk of U.S. debt default.
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2026-09-03
IMF experts warn of debt default
Kenneth Rogoff, former chief economist at the International Monetary Fund, pointed out that high debt is a real problem. The Federal Reserve is unable to influence real interest rates, and a U.S. debt default cannot be ruled out.
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2026-09-04
The Norwegian fund plans to reduce its U.S. bond holdings
The head of the Norwegian fund, which manages $200 billion in oil assets, has proposed reducing its holdings of U.S. government bonds.