"The only way is up" is a bad argument for trying to predict interest rates. There are other ways. First, no change. Second, negative. People have been making t

"The only way is up" is a bad argument for trying to predict interest rates. There are other ways. First, no change. Second, negative. People have been making the "they have to go up eventually!" argument so long now that I'm starting to think that no, they don't have to.