Since June 1, bond funds have had a record outflow of $60 billion.
I guess this shouldn't be a surprise considering where rates are, the real surprise is how many years it has taken for investors to start fleeing bonds.
At the 1:30 mark of the video below Bill Gross says it is not time to jump ship on bonds.
Gross actually thinks that the yield on the 10-year Treasury could end the year with a lower yield than where it is today.
Watch the video below and see if he can convince you that it isn't time to get out of bonds: