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What sagging bond prices are telling us about the U.S. economy
U.S. government bonds are sagging as investors fret that hotter inflation will keep interest rate cuts on hold.
First seen · 6:47 PM UTCMay 20, 2026
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World Bee Day
UN-designated on the birthday of Anton Janša, a Slovenian beekeeper. Pollinators are responsible for a third of global food production — bees punch well above their weight.
+2Food
National Strawberry Day
The garden strawberry is a hybrid first bred in Brittany, France in the 1750s by crossing a Chilean variety with a North American one. The resulting fruit spread across Europe and eventually produced the modern commercial strawberry. The US now grows 1.4 billion pounds per year, 90% of it in California.
+1Also on this date in history
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2022
Russo-Ukrainian war: Russia claims full control of the Ukrainian city of Mariupol after a nearly three-month siege.
Politics
2019
The International System of Units (SI): The base units are redefined, making the international prototype of the kilogram obsolete.
Milestone
2016
The government of Singapore authorised the controversial execution of convicted murderer Kho Jabing for the murder of a Chinese construction worker despite the international pleas for clemency, notably from Amnesty International and the United Nations.
Milestone