EFTA Document EFTA01472954

Subject: Re: Higher rates in Europe - timely [C] From: Paul Morris a> Date: Thu, 30 Apr 2015 08:48:55 -0400 To: Daniel Sabba Classification: Confidential Thanks From: Daniel Sabba Sent: Thursday, April 30, 2015 05:31 AM To: Daniel Sabba; jeffrey E. <jeevacation@gmail.com> Cc: Paul Morris; Vahe Stepanian; Ariane Dwyer; Richard Kahn •c > Subject: RE: Higher rates in Europe - timely [C] Classification: Confidential I wanted to share some thoughts on the risk reward for European fixed