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Are AAA private-sector corporate bonds safer than government bonds?
If you are afraid of your government defaulting, then you also have reason to fear that your country's so-called "AAA" corporate bonds might not be a safe investment.  When governments default, they often do things like: In these scenarios, it is not predictable whether government bonds will suffer more or less than any particular corporate bonds. You might want to diversify into precious metals, foreign currencies, and/or foreign securities.  For the most security, you might want to choose investment vehicles that your government would have a hard time confiscating.  Of course, you will face currency fluctuation risks if you do so.