[NTG-context] vertical space with \reference

[Michael Green]

Context puts extra vertical between “Line one" and “Line two” in this example. Should it do that?

\starttext
Line one.

\reference[refs]{}%

Line two.
\stoptext

I ask because pandoc inserts \reference[refs]{}% at the beginning of its bibliography section; that produces extra vertical space. I do not think this command should produce any space at all, but perhaps I am mistaken.

Thank you!