noun
A taper tantrum refers to a situation where there is a sudden and sharp increase in long-term interest rates, leading to a sell-off in the bond market.
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The central bank's decision to raise interest rates sparked a taper tantrum in the financial markets.
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Investors threw a taper tantrum when they heard about the potential rate hike.
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The taper tantrum caused a lot of chaos among traders and investors.
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The sudden announcement led to a taper tantrum, with everyone scrambling to adjust their portfolios.