Some Recovery for the Pound as Bonds’ Selloff Eases

Some Recovery for the Pound as Bonds’ Selloff Eases

Source: EODHD - https://finance.yahoo.com/news/recovery-pound-bonds-selloff-eases-142018780.html
Published: Sep 04, 2025 10:20 AM

After British long-term borrowing costs reached a 27-year high on 2 September and various other countries’ yields were volatile, bond markets seemed to have calmed down from 3 September, and the pound moved back up somewhat against major currencies. This article summarises recent developments affecting the sterling and briefly looks at the charts for GBPUSD and GBPJPY. Long-term bonds from most major economies sold off in the first half of the week beginning 1 September as participants zoomed in on governments’ budgets and rising levels of debt. This was particularly acute in Britain, where the government was already under pressure to raise taxes, cut spending or possibly both to meet fiscal...

Market context: This update is relevant to GBP traders, with GBPJPY as the primary instrument to monitor for follow-through, trend continuation, or headline volatility.