Reply #5: There is a lot of that out there

[Kurt_and_Hunter]

In a literal sense, probably not for these inflation protected securities since their pay-out will go down if inflation falls even more.

But this kind of rabid flight to safety is part of the overall fear of further economic ruin and the general behavior of bond markets looks like a wide prediction of lower inflation.

And since we are under 2% already...

deflation isn't just a river in Egypt.