Ascending or normal yield curves are upward-sloping yield curves that occur when an economy is heading into recession.

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Ascending or normal yield curves are upward-sloping yield curves that occur when an economy is growing or experiencing expansion, not heading into recession. When the economy is headed towards a recession, the yield curve may invert and become a descending yield curve.

Ascending or Normal Yield Curves Are Upward-Sloping Yield Curves That