Buffett a safer bet than US Government

Two-year notes sold by Berkshire yield 3.5 basis points less than Treasuries of similar maturity, according to Bloomberg data. Berkshire is AA+ rated by S&P, while the US Government is AAA. Procter & Gamble, Johnson & Johnson and Lowe's debt also traded at lower yields in recent weeks. While the burgeoning US budget deficit has alarmed many investors, Ignis head of credit portfolio management Chris Bowie can not believe any company could be regarded as a safer bet than Uncle Sam. "This is extremely rare. The US Treasury is the very definition of a risk free investment," Bowie says....