Polish pension fund decides to sell US bonds, saying the United States is no longer a good credit object.

According to reports, the Danish pension fund "AkademikerPension" plans to sell all of its US Treasury bonds by the end of January, citing credit risk due to President Trump's policies. The fund's Chief Investment Officer, Anders Schelde, stated on Tuesday: "The overall credit situation in the US is not good, and in the long term, the fiscal situation of the US government is unsustainable." The fund manages approximately $25 billion in savings for teachers and scholars, with its holdings of US Treasury bonds amounting to around $100 million by the end of 2025. Schelde explained that risk management and liquidity management were the only reasons for holding US Treasury bonds, but "we have decided we can look for alternative options." Factors driving this decision include Trump's threatening remarks about Greenland, concerns about fiscal discipline, and weakness in the US dollar, prompting the fund to reduce its exposure to US assets.