Money What is an inverted yield curve? U.S. has seen one before every recession since 1955. July 8, 2022Medora Lee, USA TODAYComments Off on What is an inverted yield curve? U.S. has seen one before every recession since 1955. Short-term debt yields rose above ones on longer-term notes before each recession since 1955. That's why this week's yield curve inversion's worrying.