Some bonds are, Hungarian government-backed bonds pay 6% guaranteed yield yearly. Been going strong for years even with covid and such. It is the textbook 'risk

Some bonds are, Hungarian government-backed bonds pay 6% guaranteed yield yearly. Been going strong for years even with covid and such. It is the textbook 'risk-free asset' from the Black-Scholes formula. Of course it's been a much better investment when their inflation was lower than that :) It actually blows my mind how much of financial modeling ignores taxes and inflation.