Gm gm fams\n\nDenmark has been cutting US Treasury exposure \n\n- Holdings now around 9B\n\n- down 4B in the last year\n\n- about 30 percent gone\n\n- more than half reduced since the 2016 peak\n\n- Denmark is now less than 1 percent of Europes 3.6T US Treasury holdings\n\n- One of the largest Danish pension funds is exiting Treasuries entirely citing rising credit risk tied to US policy\n\n-No noise just slow capital moving away