## figure1-19

## Source details

**Canonical URL:** [figure1-19](https://www.imf.org/-/media/files/publications/gfsr/2017/october/chapter-1/csv-data/figure1-19.csv)

## Other formats

- [Markdown version](/-/media/files/publications/gfsr/2017/october/chapter-1/csv-data/figure1-19.csv.md)
- [Structured JSON version](/-/media/files/publications/gfsr/2017/october/chapter-1/csv-data/figure1-19.csv.json)

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### 1. Quality Breakdown of the Investment-Grade Index
- Metric: (Percent of sample with BBB rating)
- Sample observations:
  - 1/31/1998 — United States: 30.32; Euro area: 3.61; Global: 21.05
  - 2/28/1998 — United States: 30.04; Euro area: 3.58; Global: 20.77

### 2. Emerging Market and US Dollar Bond Spreads per Turn of Leverage
- Metric: (Basis points per turn of leverage)
- Sample observations:
  - 1/31/2008 — Global emerging markets: 89.37; United States: 129.12
  - 2/29/2008 — Global emerging markets: 97.57; United States: 141.58

### 3. US Dollar Global Investment-Grade Bond (Excluding Emerging Markets) Yield Decomposition
- Metrics: Market risk premiums; Term premium; Default risk compensation; Risk-neutral Treasury yield; Total (Percent)
- Sample observations:
  - 1/1/2000 — Market risk premiums: 1.14; Term premium: 0.98; Default risk compensation: 0.13; Risk-neutral Treasury yield: 5.66; Total: 7.91
  - 2/1/2000 — Market risk premiums: 1.38; Term premium: 0.81; Default risk compensation: 0.13; Risk-neutral Treasury yield: 5.75; Total: 8.06

### 4. US Dollar Developed Market High-Yield Bond Yield Decomposition
- Metrics: Market risk premiums; Term premium; Default risk compensation; Risk-neutral Treasury yield; Total (Percent)
- Sample observations:
  - 1/1/2000 — Market risk premiums: 2.96; Term premium: 0.85; Default risk compensation: 2.32; Risk-neutral Treasury yield: 5.57; Total: 11.69
  - 2/1/2000 — Market risk premiums: 3.18; Term premium: 0.69; Default risk compensation: 2.35; Risk-neutral Treasury yield: 5.65; Total: 11.87

### 5. US Dollar Emerging Market Bond Yield Decomposition
- Metrics: Market risk premiums; Term premium; Default risk compensation; Risk-neutral Treasury yield; Total (Percent)
- Sample observations:
  - 1/1/2002 — Market risk premiums: 5.75; Term premium: 1.73; Default risk compensation: 1.00; Risk-neutral Treasury yield: 3.27; Total: 11.75
  - 2/1/2002 — Market risk premiums: 5.24; Term premium: 1.71; Default risk compensation: 0.98; Risk-neutral Treasury yield: 3.17; Total: 11.10

### 6. Markets Plus Term Premiums for Emerging Market and Developed Market Investment-Grade and High-Yield Bonds
- Sample observations:
  - 1/1/2007 — (Developed market US dollar high yield / Global US dollar investment grade, excluding emerging markets / Emerging markets) — observed partial entries: 0.21; 0.90; 1.19
  - 2/1/2007 — (corresponding partial entries): 0.14; 0.86; 1.22

*Source: figure1-19 dataset (csv worksheet sample rows and columns).*

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_Source: https://www.imf.org/-/media/files/publications/gfsr/2017/october/chapter-1/csv-data/figure1-19.csv_