Fine, so take Japan who also has negative yields on short term bonds and can print their own currency. And the US Treasury can print money, but it's got it's o

Fine, so take Japan who also has negative yields on short term bonds and can print their own currency. And the US Treasury can print money, but it's got it's own issues with a congress who occasionally has members who grandstand and threaten to default on debts. Meanwhile, Germany runs a surplus budget. I'm not saying that US Bonds aren't extremely safe, but it's hard to know if German bonds are really less safe. The market seems to consider them extremely safe. The biggest risk with German bonds for a buyer who transacts in dollars is currency fluctuation But I agree with your sentiment with regard to the original comment you responded to (which seems to have been edited now).