Norway’s sovereign wealth fund reported a loss of nearly $30 billion during the third quarter of 2026 as rising interest rates reduced bond values.
The fund recorded a loss of 278 billion Norwegian kroner ($29.7 billion) for the July-September period, driven by a negative return of 3.5% on fixed-income investments.
Despite bond market pressures, equity investments delivered a small positive return of 0.5%, supported by strong performances in energy companies.