Basis Point
One one-hundreth of one percent. If the bell-wether 30-year Treasury bond goes from a 5.75% yield to a 6.50% yield, its yield is said to have risen seventy-five basis points.
One one-hundreth of one percent. If the bell-wether 30-year Treasury bond goes from a 5.75% yield to a 6.50% yield, its yield is said to have risen seventy-five basis points.
William Bevins Jr, CFP® CTFA
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