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S.B. - Page 49 of 59 <br />Yield Curve Falls Dramatically, Especially Short -Term Securities <br />2.50% <br />2.00% <br />1.50% <br />a@ 1.00% <br />T_ <br />0.50% <br />0.00% / <br />-0.07% <br />-0.50% <br />[I] <br />3 1 2 3 4 5 <br />M Y Y Y Y Y <br />Source: Bloomberg, as of 3/25/2020. <br />© PFM Ih66 <br />0 <br />U.S. Treasury Yield Curve <br />10 <br />Y <br />Maturity <br />1.44% <br />-March 25, 2020 <br />January 31, 2020 <br />December 31, 2019 <br />30 <br />Y <br />4 <br />58 <br />