## figure2-2

## Source details

**Canonical URL:** [figure2-2](https://www.imf.org/-/media/files/publications/gfsr/2017/april/figure2-2.pdf)

## Other formats

- [Markdown version](/-/media/files/publications/gfsr/2017/april/figure2-2.pdf.md)
- [Structured JSON version](/-/media/files/publications/gfsr/2017/april/figure2-2.pdf.json)

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### Major theme: Comparison of term premiums by economy type
- The figure presents term premiums for two economy types: "Normal Economy" and "Low-for-Long Economy".
- Vertical axis values shown: –2.0, –1.5, –1.0, –0.5, 0.0, 0.5, 1.0, 1.5, 2.0 (Percent).
- Horizontal axis (Term in years) values shown: 0, 2, 4, 6, 8, 10 (Term (years)).

### Findings illustrated
- Panel 1: Normal Economy (Percent)
  - Term premiums are plotted across terms 0, 2, 4, 6, 8, 10 years.
  - Vertical scale spans from –2.0 percent to 2.0 percent.
- Panel 2: Low-for-Long Economy (Percent)
  - Term premiums are plotted across the same term horizon: 0, 2, 4, 6, 8, 10 years.
  - Vertical scale identical: –2.0 percent to 2.0 percent.
- The figure contrasts the shape and level of term premiums under a "Normal Economy" versus a "Low-for-Long Economy" over ten-year maturities.

### Methodology note
- Data and lines are based on IMF staff calculations, using the model described in Annex 2.1.

*Source: IMF staff calculations, based on the model described in Annex 2.1.*

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_Source: https://www.imf.org/-/media/files/publications/gfsr/2017/april/figure2-2.pdf_