Basis point
"Basis point" in a Sentence (2 examples)
The RBI this month raised rates by 50 basis points after a 40 bps hike in May.
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 points, a one-day hike not seen since 2020, when pandemic panic set in.