What is bps in finance plays into corporate debt costs:

What is BPS in finance plays into corporate debt costs: recent ratings data show a 40 BPS increase in junk bond yields this quarter squeezing cash flows in high-growth startups. To regain access, please make sure that cookies and JavaScript are enabled before reloading the page. But a clear majority of economists, 58 of 99, predicted the Fed, which has already reduced the fed funds rate by a cumulative 75 bps since September, would hold rates at its Jan. 28-29 meeting. That would be just over a week after Trump returns to the White House. Credit spread analysis shows a 120 BPS tightening in high-grade corporate bonds year-to-date, correlating with surplus liquidity in the equity market.