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2min chapter
Are Government Bonds Really Risk-Free?
Many Happy Returns
Introduction
This chapter delves into the concept of government bonds as the world's safest asset and questions their risk-free status in light of rising national debts and credit ratings. The discussion explores a tweet thread by a finance professor challenging the notion of government bonds as risk-free investments, considering the possibility of governments defaulting on their debts and the downgrade of the US credit rating.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode