Black quarter for Norway's wealth fund: $30 billion loss due to bond market turmoil

Norway's sovereign wealth fund recorded a loss of $30 billion in the third quarter of 2026, driven by turmoil in the global bond market. The fund, which manages assets worth $1.7 trillion, suffered the loss amid rising yields and increasing volatility.

Norway's sovereign wealth fund, the largest in the world, recorded a loss of $30 billion in the third quarter of 2026, due to severe turmoil in the global bond market. The fund, which manages assets worth over $1.7 trillion, suffered the loss against the backdrop of rising bond yields and increasing volatility in financial markets. The loss marks one of the toughest quarters in the fund's history.