10  Chart 5 Nominal Interest Rates and Nominal GDP Growth Rates 12.0  10-year government bond yields , %  10.0 8.0  1990s  Germany, 2010-'14  6.0 France,  2000s  2010-'14 UK, 2010-'14 US, 2010-'14  4.0 Japan, 2010-'14  2010s  US, 2015-'19  2.0  UK, 2015-'19 Germany, 2015-'19  0.0  Japan, 2015-'19 France, 2015-'19  -2.0 -2.0  0.0  2.0  4.0  6.0  8.0 10.0 12.0 GDP growth rate, %  Note: Dots in the chart show 5-year average of 10-year government bond yields and nominal GDP growth rates.
Sources: IMF, "World Economic Outlook Database"; OECD. Why did interest rates fall more than the nominal GDP growth rate?