diff --git a/.changeset/flat-crabs-smash.md b/.changeset/flat-crabs-smash.md
new file mode 100644
index 0000000000..b56b340605
--- /dev/null
+++ b/.changeset/flat-crabs-smash.md
@@ -0,0 +1,5 @@
+---
+'@backstage/cli': patch
+---
+
+The `versions:bump` command now filters out `npm_` environment configuration when running `yarn install`. This has the effect of allowing it to consider local configuration files within the repository, which is the behavior that one would expect.
diff --git a/.changeset/little-ravens-kick.md b/.changeset/little-ravens-kick.md
new file mode 100644
index 0000000000..1e14f2f37e
--- /dev/null
+++ b/.changeset/little-ravens-kick.md
@@ -0,0 +1,5 @@
+---
+'@backstage/cli': patch
+---
+
+The `versions:bump` command now also considers the root `package.json` when searching for updates. It has also received updates to its output, including a link the [Backstage upgrade helper](https://backstage.github.io/upgrade-helper) and silenced `yarn install` output.