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.
In 2014, the median length of service for hospice patients was 17.4 days. This means that of the estimated 1.6 to 1.7 million patients who received hospice services that year, half received hospice care for less than 17.4 days, and the other half received it for longer than that. In fact, the average number of days a patient received hospice care in 2014 was 71.3 days.