OK, Scott just made clear economic issues have some competition for top billing at the G 8 Summit in Northern Ireland. We do, though, want to drill down into one economic question this morning, and that's why interest rates here at home are going up. The bond market has pushed them to the highest levels in 15 months, and that includes mortgage rates.
Let's turn, as we often do, to David Wessel. He's economics editor of The Wall Street Journal. David, good morning.
The U.S. Open concluded yesterday at the Merion Golf Club, just outside Philadelphia. And for American Phil Mickelson, this was another case of always the bridesmaid, never the bride. Mickelson finished as runner-up at the Open for a record sixth time, despite leading for most of the tournament. In the end, it was England's Justin Rose who took the prize, winning his first major tournament.
And for a recap of all the drama, we reached USA Today sports columnist Christine Brennan, who covered all the action. Hey, Christine.
Syria's Arab neighbors are increasingly being drawn into that country's conflict. Over the weekend, the Egyptian president cut all diplomatic ties with Syria and called for a no-fly zone to protect rebels there.
In Jordan - right next door to Syria - King Abdullah told graduates at the country's military academy that he would defend against any spillover from the fighting. That followed a Pentagon decision to base Patriot missiles and a squadron of F-16 fighter planes in the country.
Call it the Affordable Care Act, call it Obamacare, call it whatever you want — it's coming. And soon. In less than four months people without health insurance will be able to start signing up for coverage that begins Jan. 1.
A lot has been said about the law, most of it not that understandable. So starting now, and continuing occasionally through the summer and fall, we're going to try to fix that.