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Money for Nothin' and Bips for Free
Barron's The "bips for free" part refers to basis points, or hundredths of a percentage point, which bond-market fans shorten to "bips." The Fed has maintained a 0-25 basis-point fed funds target ever since December 2008 at the depths of the financial crisis, ... |
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Money for Nothin' and Bips for Free - Barron's
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