The Lloyds share price remains largely unchanged today, September 11, as investors weigh the stronger-than-expected UK GDP report against rising bond yields. UK yields have climbed to their highest level in years, adding pressure on equities. The stock now sits 6.13% below its highest point this year.

Lloyds Bank to benefit from the UK economy

Lloyds share price has remained in a narrow range today after the UK published strong economic numbers. The data showed that the economy expanded by 0.4% in July, higher than expected 0.3%. It also expanded by 0.4% in the three months to July, also higher than the expected 0.3%.

More data showed that trade deficit narrowed, while the industrial and manufacturing production rose at a faster pace than…