Taper tantrum is the term used for the 2013 surge in U.S. Treasury yields, which resulted from the Federal Reserve's use of tapering to gradually reduce the amount of money it was feeding into the economy.
taper
ˈteɪpə/
verb
gerund or present participle: tapering
diminish or reduce in thickness towards one end.
"the tail tapers to a rounded tip"
gradually lessen.
"the impact of the dollar's depreciation started to taper off"
tantrum
ˈtantrəm/
noun
an uncontrolled outburst of anger and frustration, typically in a young child.
"he has temper tantrums if he can't get his own way"
synonyms: fit of temper, fit of rage, fit of pique, fit , outburst , flare-up , blow-up , pet , paroxysm , frenzy , bad mood , mood , huff , scene ; More
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