Since 1960, an inverted yield curveâone with higher short-term rates than long-term ratesâhas preceded all five recessions. So how does an inverted yield curve signal a coming recession? Although term premiums do change over time, most of the day-to-day movement in the yield curve reflects changes in market expectations of future short-term interest rates. A steepening yield curveâthat is, one with an increasing spread between long- and short-term ratesâusually implies an expectation of higher short-term rates in the future.
1 Hospice care is for people with cancer that cannot be cured who are expected to live six months or less. 2  It is high-quality, compassionate care that focuses on relieving symptoms and helping patients and families cope with death and dying.
Unlike palliative care, hospice care is triggered by a timeframe. A patient cannot be recommended for hospice care unless and until a doctor (and in some states, two doctors) certifies that the patient is within six months of the end of his or her life. Hospice care may include some forms of palliative care. The difference is that hospice care provides no expectation or even suggestion of a cure. Hospice is intended only to manage symptoms, to keep the patient comfortable until he or she dies.