Bond markets are markets in which bonds are issued and trade. By purchasing either the U.S. Treas... Bond markets are markets in which bonds are issued and trade. By purchasing either the U.S. Treasury Bonds or Greek Government Bonds, I can lend money to the U.S. Treasury or Greek Government. Since bonds are amortized security, I do not have to wait until maturity to get interest payments and the principal amount back from the Greek Government. So there is no default risk. Briefly discuss if you disagree with the statement.