Deutsche Bank AG/London I Figure 77: Real Returns for US Assets over Different lime Horizons COY4Y Cory 0.-.50 AAA Cot.] ese (A7eM Ilras Ay (10;0 Treasur• r30.., 1* GAnd Crew wry /HY CAstewl: Deism CAI 14,066 Prece. yr.:, C`n!A 6<! CApow .N 54h31nt Coninattes 1,001 IrAcA i— —