They don't have a lot of choice. Prime interest rates have been near zero for over ten years. It's got to give at some point. Inflation-protected bonds have bee

They don't have a lot of choice. Prime interest rates have been near zero for over ten years. It's got to give at some point. Inflation-protected bonds have been bidding at both negative rates and 10% markup for a very long time, too -- lots of people are worried about the coming hangover. http://www.treasurydirect.gov/RI/OFNtebnd http://www.treasurydirect.gov/RI/OFNtebnd We can only hope that it's done smoothly.