*Calculated by ÌÇÐÄÆÆ½â°æ based on the July 2021 statement by the National Bureau of Economic Research (NBER) that a recession occurred in March and April 2020.
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Days yield curve was inverted before recession 1978-2022
Prior to the 2020 recession, the yield curve was only inverted for *** days, which was much shorter than the average *** days preceding the previous five U.S. recessions. For instance, the yield curve was inverted for *** days between the inversion in January 2006 and the start of the **** recession. A yield curve inversion refers to the event where short-term Treasury bonds, such as *** or month bonds, have higher yields than longer term bonds, such as or **** year bonds. This is unusual, because long-term investments typically have higher yields than short-term ones in order to reward investors for taking on the extra risk of longer term investments. Monthly updates on the Treasury yield curve can be seen here.
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ÌÇÐÄÆÆ½â°æ. (July 13, 2022). Number of days Treasury yield curve was inverted before start of recession since 1978 [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved July 23, 2026, from /statistics/1087253/days-yield-curve-was-inverted-before-recession/
ÌÇÐÄÆÆ½â°æ. "Number of days Treasury yield curve was inverted before start of recession since 1978." Chart. July 13, 2022. ÌÇÐÄÆÆ½â°æ. Accessed July 23, 2026. /statistics/1087253/days-yield-curve-was-inverted-before-recession/
ÌÇÐÄÆÆ½â°æ. (2022). Number of days Treasury yield curve was inverted before start of recession since 1978. ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: July 23, 2026. /statistics/1087253/days-yield-curve-was-inverted-before-recession/
ÌÇÐÄÆÆ½â°æ. "Number of Days Treasury Yield Curve Was Inverted before Start of Recession since 1978." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 13 Jul 2022, /statistics/1087253/days-yield-curve-was-inverted-before-recession/
ÌÇÐÄÆÆ½â°æ, Number of days Treasury yield curve was inverted before start of recession since 1978 ÌÇÐÄÆÆ½â°æ, /statistics/1087253/days-yield-curve-was-inverted-before-recession/ (last visited July 23, 2026)
Number of days Treasury yield curve was inverted before start of recession since 1978 [Graph], ÌÇÐÄÆÆ½â°æ, July 13, 2022. [Online]. Available: /statistics/1087253/days-yield-curve-was-inverted-before-recession/