Assertion: yield curve | /r/CapableOf | precede recession
Facets:
value: since 1956
type: TEMPORAL
Source sentences:
text: This relationship becomes clear when an inverted yield curve precedes a recession.
text: Inverted yield curves are an essential element of these cycles, preceding every recession since 1956.
text: One reason is that interest rates are lower now than in earlier instances when inverted yield curves preceded recessions.