diff --git a/Misc/NEWS b/Misc/NEWS
index 9432295..c506071 100644
--- a/Misc/NEWS
+++ b/Misc/NEWS
@@ -174,6 +174,9 @@
 Library
 -------
 
+- Fix Decimal.__format__ bug that swapped the meanings of the '<' and
+  '>' alignment characters.
+
 - Issue #1222: locale.format() bug when the thousands separator is a space
   character.