27 March 2015 US Fixed Income Weekly SY swap spread seasonals (Change since Jan-1) 8 -4 .....~2005-2014 1%7-2014 awe 2015 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Sent Dann an IS&P Index seasonals (Change since Dec-31) 8% 6% 4% 2% 0% -2% .4% 000.002005-2014 1997-2010 • .2015 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec kin* Data* lent SY10Y Implied vol seasonals (Change since Dec-31) ---1997 2014 2015 -2 -6 J n Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Secon Dane beast 2Y swap spread seasonals (Change since Jan-1) 8 6 4 2 0 -2 -4 -6 J n Feb Mar Apr May Jun Jul Aug Sep Oct NOV Dec -rm.-2005-2014 —1997-M4as2015 San andat 31)/110Y Implied vol seasonals (Change since Dec-31) 26 20 16 10 6 0 •5 -10 -15 -20 —. 2005-2014 .••••••••••.1997 2014 J n Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Srea Dandaieet 2015 Page 52 Deutsche Bank Securities Inc. CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0087433 CONFIDENTIAL SDNY_GM_00233617 EFTA01385965