HSBC is trading at £1,437.00, down 4.05%, amid UK bank-sector pressure as gilt yields reached multi-year highs, in the supplied price context for October 2, 2026. - Reuters said UK bank shares fell on October 1 after a bond-market rout and rising borrowing costs, as fiscal concerns mounted. - HSBC fell alongside other UK lenders; possible Autumn Budget taxes added pressure, though no clear HSBC-specific catalyst was identified.