Are corporate bonds a good choice now?

A quick video demonstrating why Corporate Bonds are a wise investment now, it argues that:

1. Corporate Bonds currently have higher yields than Government bonds
2. Great diversification with:
3. Approx. 3% for corporate yields
4. 1% for government yields in Germany
5. Lower risk:
6. Euro corporates: average: A2
7. Government bonds: several have now been downgraded to HY
8. Outlook:
9. Government interest rates will stay low
10. European central bank may even cut rates again
11. Many companies are in good health & have reduced their debt in recent years
12. Therefore their yields may fall from current levels, leading to additional returns for investors