币界网报道：Investors are rapidly withdrawing from long-term bond funds, pulling out a staggering $11 billion amid rising interest rate concerns. The exodus marks the largest weekly outflow since March 2020, as fixed-income investors brace for prolonged higher rates from the Federal Reserve. Data from Refinitiv Lipper shows taxable bond funds suffered $10.7 billion in withdrawals for the week ending September 13, with municipal bond funds losing another $1.1 billion. The selloff comes as the 10-year Treasury yield climbed to 4.3%, its highest level since 2007, following stronger-than-expected economic data that reduced recession fears. "The bond market is finally accepting the Fed's higher-for-longer message," said a senior portfolio manager at Vanguard, noting investors are repositioning for potential rate cuts being pushed further into 2024. The shift has particularly impacted long-duration assets, with the iShares 20+ Year Treasury Bond ETF (TLT) plunging 9% in September alone. Meanwhile, money market funds continue attracting cash, adding $24 billion last week as investors seek safety in short-term instruments yielding over 5%. Analysts warn the bond rout may continue until clear signs emerge that the Fed has finished its tightening cycle.