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As Senate investigators consider risks of high-speed trading, SEC and CFTC prepare plans to rein in computerized and algorithmic trades.
Large speculators were net short nearly 82,000 futures contracts, and VIX is near its all-time low.
Despite last year's poor returns, buyers are pouring into emerging-market debt this spring.
Traditional models fail to explain the resilience of $100 trillion market as central banks suppress short-term interest rates.
Move by BofA credit trader reflects increasing anxieties about interest rates and falling concern about corporate debt defaults.