Indeed, as the so-called taper tantrum of 2013 illustrated, even talk of prospective changes in our securities holdings can elicit unexpected abrupt changes in financial conditions.
Jorgovanka Tabaković: Annual Financial Stability Report for 2015 Speech given by Dr Jorgovanka Tabaković, Governor of the National Bank of Serbia at the presentation of the Annual Financial Stability Report for 2015, Belgrade, 27 July 2016.