And if we had Real Republicans with any decency, come next year if they win a majority in both houses, they would ABOLISH all TAXPAYER Funded Pensions Nationwide and force every last Public Employee into Social Security
11 basis points!!!!! OMG!!!!!! 0.0011
No offense intended. My wrath is meant only for the elite idiots who have to make everything 10x more complicated than it has to be, to confuse most of the rest of us. Like all the legal language that insurers job security for lawyers when plain English could get the job done equally well.
They can’t just say, yields rose .11% . They have to make it sound so highfahllutten.
Oh my! whatever would we do without the wonder kids of Wall Street and Professors of MBA on CNBC to explain it all to us????????
TIPS.......
Since rates are all about the ubiquitous BASIS POINTS, why don’t they just report the cost of money in BPs? “Your mortgage is going to be 5,750 basis points”. “Your credit card rate is 33,750 basis points”.
Yep. I hate jargon.
If it were important, why would you demand blog traffic to read it?
What stopped you from posting the whole thing?
You need some coins for beer and fried chicken?
Ping!
If you manage a pension fund and you bought these 10-year bonds six months ago, then you could be holding them for another 9.5 years and you may not care what happens to the price today.
BPS=
Bits per second
Board of Pharmacy Specialties
Buffalo Public Schools
Birmingham Public Schools
Beginning Postsecondary Students Longitudinal Study (BPS)
Battered person syndrome
Best practice statement
Bladder pain syndrome
Bogomol’nyi–Prasad–Sommerfield bound, a mathematical concept in field and string theory
IBM Basic Programming Support, BPS/360
Many more.