This article was in Bloomberg News today:
There’s a bigger risk “that when the the Fed starts hiking in earnest, outflows from high-yielding and less-liquid debt will lead to a free fall in prices,” JPMorgan strategists led by Jan Loeys wrote in a June 20 report. “In extremis, this could force a closing of the primary market and have serious economic impact.”
It’s just like I said (video link), BlackRock is leading the charge, there’s a massive derivatives blow-up coming at some point and there will be capital controls placed on bond funds.
Don’t say you have not been warned. And move your money in to physical gold and silver.