Pound Steady as Dollar Strengthens Amid Higher Yields

The British pound remained steady against the US dollar on [Date], as a rise in U.S. Treasury yields supported the greenback and kept GBP/USD within a narrow range.

The dollar index edged higher due to firmer yields on U.S. government bonds, reflecting expectations that the Federal Reserve may keep interest rates higher for longer.

This led to increased demand for the dollar as global investors found US-denominated assets more attractive with higher yields.