Stomatal regulation of transpiration constrains leaf water potential QVjJ within species-specific ranges that presumably avoid excessive tension and embolism in the stem xylem upstream. However, the hydraulic resistance of leaves can be highly variable over short time scales, uncoupling tension in the xylem of leaves from that in the stems to which they are attached. We evaluated a suite of leaf and stem functional traits governing water relations in individuals of 11 lowland tropical forest tree species to determine the manner in which the traits were coordinated with stem xylem vulnerability to embolism. Stomatal regulation of *P L was associated with minimum values of water potential in branches (*P br ) whose functional significance was similar across species. Minimum values of ^b r coincided with the Communicated by Manuel Lerdau. bulk sapwood tissue osmotic potential at zero turgor derived from pressure-volume curves and with the transition from a linear to exponential increase in xylem embolism with increasing sapwood water deficits. Branch xylem pressure corresponding to 50% loss of hydraulic conductivity (P 5Q ) declined linearly with daily minimum *P br in a manner that caused the difference between *P br and P 50 to increase from 0.4 MPa in the species with the least negative 4\,. to 1.2 MPa in the species with the most negative *P br . Both branch P 50 and minimum *P br increased linearly with sapwood capacitance (C) such that the difference between 4\, and P 50 , an estimate of the safety margin for avoiding runaway embolism, decreased with increasing sapwood C. The results implied a trade-off between maximizing water transport and minimizing the risk of xylem embolism, suggesting a prominent role for the buffering effect of C in preserving the integrity of xylem water transport. At the whole-tree level, discharge and recharge of internal C appeared to generate variations in apparent leaf-specific conductance to which stomata respond dynamically.
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