USA Today writes "​Investors cash out of money funds in droves". It says, "Investors are yanking money out of money funds and moving to bond funds -- but some are just cashing out. Investors pulled a net $​490 billion from money funds this year through October, according to the Investment Company Institute, the funds' trade group. A record-​shattering $​313 billion went to bond funds. And $​1.​9 billion fled stock funds." USA Today quotes Vincent Deluard of TrimTabs.​com, "More money is flowing out of money funds than is going into bond funds -- something that'​s only happened twice in 26 years. It shows how deep the recession is: They may be taking money out to pay the bills or the mortgage." In other news, see AP'​s "​With rates so low, where should you put your cash?".

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