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Yield move measured in basis points

Mental mathEasy

A government bond yield moves from to . By how many basis points did it rise? One basis point is .

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A whole number, a decimal, a fraction like 3/8 or a percent.

Hint

Subtract in percent, then rescale.

Solution
  1. The rise is .
  2. One basis point is , so divide by .
  3. .
  4. The yield rose by basis points.

Answer:

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