Norway Oil Fund Contemplates Impact of Negative Yields, FT Says
Norway’s sovereign wealth fund is considering the impact on its investment strategy of negative yields for German, Danish and Swiss two-year bonds, Yngve Slyngstad, head of Norges Bank Investment Management, told the Financial Times.
“We are spending a lot of time thinking about what this is indicating,” Slyngstad said. “We have to ask the obvious question of why investors are paying for lending money and are not just keeping it in cash.”
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