Are Government Bonds Really Risk-Free?

Government bonds are considered the world's safest asset, setting the "risk-free rate" against which all other investments are judged. But with rising national debts and dwindling credit ratings, are they really above question? We discuss the implications for investors if government bonds are actually at risk of default. And in today’s Dumb Question of the Week: Why choose bonds over simply holding cash? Selected links Aswath Damodaran Twitter threadIn Search of Safe Havens: The Trust Deficit and Risk-free Investments! (Aswath Damodaran)The Bond Bear Market & Asset Allocation (A Wealth of Common Sense)---Get in touch 📧 [email protected] 🎧 many-happy-returns.captivate.fm --- Join PensionCraft 🌐 Become a member at pensioncraft.com ▶️ Subscribe on YouTube ---Disclaimer This podcast is for informational and entertainment purposes and is not financial advice. We do not provide recommendations or endorse any decision to buy, sell or hold any security. We cannot be held responsible for any actions listeners may take and investors are encouraged to seek independent financial advice. Copyright 2026 Many Happy Returns