Because of this, government bonds are typically considered safer though they pay at lower rates than some private bonds.
However, bonds aren't completely without risk. One of the biggest risks is related to interest rates; when interest rates rise, bond prices tend to fall. Also, if the entity issuing the bond experiences a financial issue or goes bankrupt, you may never see a return. Because of this, government bonds are typically considered safer though they pay at lower rates than some private bonds.