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.
Hospice must periodically recertify that the patient has a prognosis of six months or less. If at each of these dates it appears that the patient has six months or less to live, then the patient can stay on hospice. If the course of the disease is slow, some people may be on longer than six months.