EFTA Document EFTA01385921

27 March 2015 US Fixed Income Weekly 5y5y less 5v 0+ 3/27/2014 7/27/2014 11/27/2014 3/27/2015 Laste Socenbay Andra /Pen Pat. Sent [5y realized vs. 3mth forward 5 yr rate ILL 1/1 si•Sy+3mths less 0 0.1 0.2 amt 0.3 0.4 a5 n c 6/27/2014 9/27/2014 Sea tat, Anna LPand Detnew Sa* There are three themes that form this outlook and various risk factors that could force a reappraisal and need to be closely monitored. Two, the terminal Funds rate and term premium, relate directly