nonbreaking space

The attacker would see a normal space, which is not the same as a nonbreaking space bit for bit.

(U+2026) character in manuscripts and to place three periods plus two nonbreaking spaces (. . .) instead, so that an editor, publisher, or designer can replace them later.

If you were to use a nonbreaking space, instead of hitting the spacebar you hit ALT+160, actually 0160 on the number pad for Windows, in your password, wouldn't this make it much harder for keyloggers to get your password?