For all the fevered speculation about when the Federal Reserve will begin scaling back its monetary stimulus, market volatility has been taking a leisurely nap, suggesting investors see no major shocks on the horizon to derail their bets. Low market volatility is a sign markets expect no "taper" any time soon, or that they are steeled for a reduction in the pace of the Fed's bond-buying if it comes. The sting of the taper has been gradually sucked out of markets since the Fed's surprise decision not to start withdrawing stimulus in September. Since then, implied volatility in U.S. Treasuries, stocks and key dollar ... (full story)