4 September 2015 US Fixed Income Weekly 30Y Treasury yield seasonals (Change since Jan-1) -2005-2014 1997 2014 2015 J n Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Seen Dance.-4 5Y Treasury yield seasonals (Change since Jan-11 25 16 5 -5 -15 -25 -35 -45 2035-2014 —1997 2014 2016 J n Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Sane Oen~ 12Y/5Y slope seasonals (Change since Jan- I) 16 10 5 0 -5 -10 -15 -20 25 2005-2014 2014 -2015 J n Feb Mar Aix May Jun Jul Aug Sep Oct Nov Dec Scut* DancileSaret 110Y Treasury yield seasonals (Change since Jan-1) 42 32 22 12 2 -8 -18 -28 -38 48 a...N.2%6-2014 — 1997 2014 2015 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Scarce Odue~aant 12Y Treasury yield seasonals (Change since Jan-I) J n Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Scam Onich• ere —2005-2014 -1997 2014 -2015 r2Y110Y slope seasonals (Change since Jan-11 40 •••••••••2005-2014 1997 2014 2015 30 20 10 0 •10 -20 30 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Sate* Punt." *Sea Page 30 Deutsche Bank Securities Inc. CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0051331 CONFIDENTIAL SDNY_GM_00197515 EFTA01362034