US yields edge higher as investors weigh Fed rate hike expectations

The Korea Times - Sep 22, 2026

NEW YORK — U.S. Treasury yields were slightly higher on Tuesday as investors weighed lower oil prices against expectations for further interest rate hikes from the Federal Reserve. The two-year U.S. Treasury yield, which typically moves in step with interest rate expectations for the Fed, hit a fresh two-year high at 4.7879 percent. The Fed last week raised rates for the first time since 2023 to try to control inflation. Traders see a roughly 53 percent chance of another increase when the U.S. central bank next meets in October, according to CME FedWatch. Boston Fed President Susan Collins wrote on LinkedIn on Tuesday that she supported the U.S. central bank's decision last week to raise rates in the face of risks that future inflation will be above the 2 percent target. Oil prices dipped but were off the day's lows. Oil prices have spiked since the start of the US-Israeli war on Iran, fueling concerns about inflation and higher interest rates. Investors also digested comments from President Donald Trump, who told the United Nations that he believed the U.S. would make a deal with Iran

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The uncomfortable truth about aquariums

Sep 22, 2026

The uncomfortable truth about aquariums

Young visitors watch the beluga whales at L'Oceanogràfic in Valencia, Spain. | Miguel Candela/SOPA Images/LightRocket via Getty Images This story appeared in Today, Explained, a daily newsletter that helps you understand the most compelling news and stories of the day. Subscribe here. Four beluga whales have died in a month at one of America’s top-rated aquariums — a tragic development and, arguably, a reason to revisit the ethics of zoos. (More on that in just a minute.) The latest cetacean casualty, a 26-year-old female named Osiris, died at Chicago’s Shedd Aquarium yesterday. She follows 34-year-old Beethoven, a longtime resident of the aquarium, as well as 20-year-old Rain and 23-year-old Peekachu, who died in late August and early September.    Osiris, Rain and Peekachu were all part of the Marineland diaspora: a group of four dolphins and 30 beluga whales that rescuers have worked to relocate since the 2024 closure of a scandal-plagued theme park in Niagara Falls, Canada. This summer, the animals were successfully transferred to aquariums and marine parks in the US and Spain. That was a frankly incredible undertaking involving padded shipping containers, a police-escorted convoy and a chartered plane.  But in some regards, the international flight wasn’t even the hardest part of the whales’ journeys. Some of the animals have struggled to thrive in their new environments — even when those environments are state-of-the-art, like Shedd.  In a blog post announcing Osiris’s death, the aquarium noted that its rescued whales had been under 24-hour supervision and receiving intensive, specialized care. The aquarium is still investigating the cause of death for all four whales.  Go a little deeper View Link Believe me when I tell you that it gives me no pleasure to write the following paragraphs. I really love aquariums. In fact, as a kid, I grew up visiting the now-shuttered and much-maligned Marineland.  But incidents like these back-to-back deaths should prompt us all to ask ourselves who aquariums and zoos are actually for. And the answer, I regret to tell you, is frequently not “the animals” — though zoos and aquariums have, since the mid-20th century, marketed themselves as both tourist attractions and important players in wildlife education and conservation.   As my colleague Kenny Torrella writes, these institutions and their defenders argue they protect animals in three ways: first, by raising money for wildlife conservation projects; second, by helping to reintroduce vulnerable species back into the wild; and third, by inspiring visitors to take an interest in the environment. The Shedd Aquarium’s motto, for instance, is “For Love of Waterkind.”  It’s worth scrutinizing those purported virtues, however — even when prestigious and reputable institutions like Shedd are making them. On one hand, there is merit to the claim that zoos and aquariums fundraise for wildlife conservation: In 2022, the latest year for which data is available, one group of accredited zoos and aquariums spent more than a quarter of a billion dollars on habitat projects.  The evidence is thinner on the other points, though. It’s incredibly rare for aquariums and zoos to reintroduce endangered species back into the wild — that’s very difficult to do. And surveys of zoo and aquarium visitors show that merely seeing a wild animal in a tourist setting doesn’t generally galvanize people on matters of welfare or stewardship. Living in captivity in that tourist setting, however, can be stressful (or worse) for the animals themselves.  But what would a humane alternative look like? Even if zoos and aquariums stopped catching animals in the wild, that would still leave many thousands who are injured, orphaned, born in captivity, or otherwise accustomed to human care.  When it comes to whales, one nonprofit advocacy organization is already working on an alternative: a 110-acre coastal sanctuary for “retired” whales. That project, however, is still a long way from completion. And in the meantime, it’s up to consumers to decide whether the stated benefits of zoos and aquariums outweigh the potential harms to the animals they exhibit. One link for later ➨ Beware the trap of “moral perfection.” We should all endeavor to live lives that embody our values, sure. But if you never board a plane because you care about the climate, or you never take your kid to zoos because you read the arguments above, then you might end up with a smaller, less-lived life. And that’s no good, either.  Before you go… Did you know…that there have been “revolutionary” advancements in Alzheimer’s treatments in just the past five years? Two new drugs both markedly slow the progress of dementia. Today’s trivia: Geography time! What country is bordered by Chad to the east and Mali to the west? Hint: It is the second-largest landlocked African nation. (You can find this and other brain puzzles in Vox’s daily crossword. Look for the answer in tomorrow’s edition.) Yesterday’s trivia: Yesterday we asked you for the classic Broadway star who first sang hits including “There’s No Business Like Show Business.” That would be Ethel Merman, whom one biographer dubbed “the most successful musical comedy performer of her generation.”

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