This is not intelligent sector cycling, its institutional and eventually retail investor fund outflow caused by far too many economic conditions to enumerate, but Bernake has certainly decided to "Burn the place down" before he inevitably gets fired (steps down)

AGG, BND, EMB, MBB, MUB, TIP, SUB, MUNI, PVI, PZA, SHM, TFI, VRD, HYD, ITM, MLN, PRB, SMB, GMMB, SMMU, RVNU, STIP, LTPZ, STPZ, TIPZ, SCHP, IPE, TPS, TDTT, TDTF, RINF, FINF, INFL, DEFL, UINF, SINF, VTIP, TIPX, LAG, SCHZ, BOND, SAGG | Sat, Jun 22 It's "total capitulation" in fixed income (AGG, BND), says BAML's Michael Hartnett. The "blood bath" includes the largest-ever three-week rush of bond-fund redemptions, $2.6B leaving (2nd largest outflow ever) the Emerging Markets Bond ETF (EMB), and mortgage-backed securities (MBB), municipal bonds (MUB), and TIPS (TIP) funds each now showing net outflows for 2013. Link: http://seekingalpha.com/currents/post/1100372?source=android_etf_share *** Do you love ETF stocks? The Seeking Alpha ETF Investor App provides a new way to experience SA's award winning ETF stock coverage, blending the best of opinion, analysis & exclusive news briefs on all the ETF stocks you follow. Click the link below to download the all new free ETF Investor app: http://seekingalpha.com/download-app?source=android_etf_mail_mc