I am assuming you are using php with the database. It may be using htmlspecialchars on the field in the code before adding to your database. This will save you headaches later. If you really want <,> to appear check your code to see if that function is used.
I think it was the textarea that was replacing the characters, but not exactly sure. What I ended up doing, if you're curious, is replaced the < > with unique character strings and converted them back with a javascript variable. I'm using javascript to display table records along with an editing form - I'm not going out of my way to use js for this.
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