📚 noun • entry_id 44275
basis point
Meanings (ES + gloss)
punto base • punto básico
One hundredth of one percentage point.
Triggered by a sell-off of Treasury bonds, the 10-year bond yield jumped by 17.2 basis points, briefly hitting 4.5%, the biggest hike in a year. The 30-year yield rose by 20 basis…
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