Basis point (bp)
One hundredth of a percentage point, used for small moves in rates and yields. 25 bp = 0.25 percentage points.
Example
The US 10-year yield has risen 101 bp since February, from 4.13% to 5.14%.
Explained in
One hundredth of a percentage point, used for small moves in rates and yields. 25 bp = 0.25 percentage points.
The US 10-year yield has risen 101 bp since February, from 4.13% to 5.14%.