by Jason Ma
European countries own $8 trillion of US bonds and equities, almost twice as much as the rest of the world combined.
As Trump threatened to upend global trade and finance last year, Danish pension funds led the charge in reducing their dollar exposure and repatriating money back home.
Sees additional leverage for Europe ahead of U.S. midterm elections with the Trump administration focused on affordability issues. On that front, the EU could influence inflation and Treasury yields, which affect borrowing costs.
Source: Fortune
https://finance.yahoo.com/news/europe-w ... 59640.html
