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Fed Prepares For Bond-Fund Runs, Looking At Imposing “Exit Fee” Gates

from ZeroHedge:

With this unprecedented step, the Fed is sending a very clear message: it may be next year, or next month, or next week, but quite soon you, dear retail bond-fund investor, will be gated and will be unable to pull your money…. So wouldn’t you rather just keep said money in the “safety” of stock funds, none of which will ever, ever be gated, pinky swear…. Unless the market crashes one final time of course, at which point the Fed will be on the first flight out to non-extradition countries.

Read More @ ZeroHedge.com

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