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Business / United Kingdom

UK interest rate rise ‘increasingly likely’ with high energy prices; inflation fears hit bonds – as it happened

1 min read Live blog A running feed, still being written. Rewritten in plain language

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Changed after publishing · 4 edits
  • the headline was changed: UK interest rate rise ‘increasingly likely’ with high energy prices; inflation fears hit bonds – business liveas it happened
  • the headline was changed: UK interest rate rise ‘increasingly likely’ if with high energy prices; remain high, Bank of England’s Lombardelli warns, as inflation fears hit bonds – business live
  • the headline was changed: UK interest rates rate rise ‘increasingly likely’ to rise’ if energy prices remain high, Bank of England’s Lombardelli warns, as inflation fears hit bonds – business live
  • the headline was changed: Global bond sell-off deepens amid fears US economy may be running too hot UK interest rates ‘increasingly likely to rise’ if energy prices remain high, Bank of England’s Lombardelli warns – business live

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  • Financial markets are now much more confident that the US Federal Reserve will raise interest rates rates at least one more time this year.
  • The main story is still the large global bond selloff, with yesterday seeing the biggest jump in the 10yr Treasury yield (+15.2bps) since the market instability around Liberation Day in April 2025.
  • Indeed, futures this morning are pricing a 71% chance of a Fed rate hike at the next meeting in October.

3 sentences from our version of the report, chosen to cover it. Nothing here is written; every line is in the article below. How

This is a live blog: a running feed the outlet is still writing. We measure how it is written, but we do not summarise or rewrite it. Follow it at The Guardian Australia (Business).

Headline check

The one thing this headline claims is not in the report.

  • The headline puts “‘increasingly likely’” in quotation marks. Nobody says those words anywhere in the report.

Figures, names and quoted words in the headline, looked for in the report itself — not in the summary above. How this is checked

Financial markets are now much more confident that the US Federal Reserve will raise interest rates rates at least one more time this year.

According to CME Fedwatch, there’s now a 55% chance that US rates are half a percentage point higher by the end of December – implying two quarter-point rate rises (or one beefy hike!). That’s on top of the Fed’s hike earlier this month.

Jim Reid, market strategist at Deutsche Bank, says:

The main story is still the large global bond selloff, with yesterday seeing the biggest jump in the 10yr Treasury yield (+15.2bps) since the market instability around Liberation Day in April 2025.

The main driver was a strong batch of PMIs, along with a rebound in oil prices, which both led to speculation about faster rate hikes. Indeed, futures this morning are pricing a 71% chance of a Fed rate hike at the next meeting in October.

You are reading our version, not theirs. This is The Guardian Australia (Business)'s report with its verdicts and loaded words taken out. Plain description stays, and so do adjectives that carry a fact, such as "former" or "federal". The reporting, the facts and the quotations are theirs — quotations are never edited — and the indicators beside it measure this version. Hover or tap Adjectives to see every one left in the text.

How this outlet filed it, and how we rewrote it

No other newsroom we read has filed on this event, so there is nothing to compare it with yet.

Outlet Niral ScoreAdjectivesSourcingSentimentHappiness
The Guardian Australia (Business)as they published this story 20.7 9 13 -1.0 50
Mundane Readneutralized from The Guardian Australia (Business) 13.5 8 13 -0.2 50

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