30 i I 25 I 3.0 2.5 — 2.0 20 T— Sis w 5 I 0 I -s -10 20001 Fed plus fx reserves yoy 5y5y real rhs 20061 1.5 1.0 0.5 -0.5 20121 t..c.a-teeg Oro LPr Ct....v."... Deutsche Bank Securities Inc. CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) Liquidity vs. 5y5y BEI 130 X25 I20 15 L