Raw" Onto. Os* Figure 24: Banks ROE vs. the spread of 10 year Treasury yield - Fed Funds Target Rate 6%, • 25% 5% 4% 3% i§§§§§§§gml @Reason —10yr Titulary Yield • FF Target Rate (On) ROEril S&P 560 Bares (Ms) Yon rOC '***'anew. Orraa, rirpcm Cows" Owlessfte Sint [Figure 25: Banks NIM vs. 5yr Treasury Yield fm 20% 15% [