Translation of article in the Frankfurter Allgemeine Zeitung 22.04.2010, page B5
Government bonds have always been seen as a relatively safe asset class. In light of the recent developments in Greece, however, this notion is being challenged. The country is on the brink of bankruptcy. But, some government bonds are still a safe bet: investors should take a close look at the Danish bond market.
Greece is the top story in European bond markets. But, investors are also peering nervously at the situation in Portugal, Spain and Ireland. Until now, government bonds have always been deemed a relatively safe asset class. The current news, however, is stirring doubt about the validity of this common belief. Is there really such thing as a safe haven?