## Figure 1.22. Vulnerability of the US Corporate Credit Investor Base to Shocks

## Source details

**Canonical URL:** [Figure 1.22. Vulnerability of the US Corporate Credit Investor Base to Shocks](https://www.imf.org/-/media/files/publications/gfsr/2017/october/chapter-1/pdf-data/figure1-22.csv)

## Other formats

- [Markdown version](/-/media/files/publications/gfsr/2017/october/chapter-1/pdf-data/figure1-22.csv.md)
- [Structured JSON version](/-/media/files/publications/gfsr/2017/october/chapter-1/pdf-data/figure1-22.csv.json)

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### 1. Estimated Loss to Fixed-Income Mutual Funds Following a 100 Basis Point Shock to Interest Rates
- Panel title: "Estimated Loss to Fixed-Income Mutual Funds Following a 100 Basis Point Shock to Interest Rates"
- Sample observations:
  - 1994-1995:
    - Projected UK losses (US$ bn): 0
    - Projected US losses (US$ bn): 34.76
    - Projected euro area losses (US$ bn): 0
    - Percent loss: 4.95
  - 1999-2000:
    - Projected UK losses (US$ bn): 0
    - Projected US losses (US$ bn): 52.91
    - Projected euro area losses (US$ bn): 0
    - Percent loss: 5.04

### 2. Flows and Performance of US High-Yield Bond Mutual Funds
- Panel title: "Flows and Performance of US High-Yield Bond Mutual Funds"
- Column headings shown: "(Periods when cumulative losses exceeded 5 percent)", "Cumulative returns (percent)", "Ratio of outflows to performance"
- Sample observations:
  - Sep-Nov 08:
    - Cumulative returns (percent): -29.72
    - Ratio of outflows to performance: 0.1
  - Aug-Sep 11:
    - Cumulative returns (percent): -7.46
    - Ratio of outflows to performance: 0.43

### 3. Mutual Fund Holdings as a Share of Total High-Yield Bond Market
- Panel title: "Mutual Fund Holdings as a Share of Total High-Yield Bond Market"
- Column headings shown: "(Percent)", "United States", "Europe"
- Sample observations (dates and percentages):
  - 12/31/2008:
    - United States: 18.1
    - Europe: 5.55
  - 12/31/2009:
    - United States: 19.33
    - Europe: 4.23

*Dataset: figure1-22.csv*

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_Source: https://www.imf.org/-/media/files/publications/gfsr/2017/october/chapter-1/pdf-data/figure1-22.csv_