Advance of Treasury before the Fed meets on the growth of Paris will suffer.

April 22, 2011, 12: 08 pm EDT by Susanne Walker

April 22 (Bloomberg) - treasuries rose for a second week as investors speculated that the efforts to reduce the federal budget deficit can wet the economic growth and were waiting for a policy statement the week next Federal Reserve.

Score of 10-year yields fell to the lowest level in a month even that Standard & Poor to put the Government of the United States on the notice that it risks losing its AAA credit rating then. Gains were tempered by advances in stocks. The United States sold 99 billion in notes next week, and the Federal open market Committee opened its meeting for two days on April 26."You are looking for an economy which is just off the coast of low levels", said David Coard, head of the trade in New York at Williams Capital Group, a broker for fixed income institutional investors. "The market is for orientation of the FOMC. We are looking for clues as to when the Fed could eventually begin to change course for monetary policy. "Two-year note yield fell three basis points or percentage 0.03 to 0.66%, point to New York 0.69% April 15, according to price Bloomberg Bond Trader. The security of 0.75%, due in March 2013 rose 7/32, or $2.19 per the nominal value of $1,000 yields note 6 / 32 .ten-year 100 fell to a point of basic-3.40%, from $ 3.41% on April 15. treasuries were headed for their first monthly gain since January, return, according to the index of Bank of America Merrill Lynch's Council of treasure Master of 0.54%.WeekVolume shortcut declined in a shortened week. Treasury bills trade closed 2 hours yesterday in New York and rest today closed for holidays Friday under a recommendation of the securities industry and financial markets Association. 980 Billion dollars in debt U.S. changed hands this week, compared to $ 1.5 billion in the five days ending April 15, according to Icap Plc, broker dealers more of the world.Fed policy makers will leave the target rate for the loan of the overnight between banks unchanged the week next to zero to 0.25%, where it has been since December 2008, according to all the 80 economists in a survey of Bloomberg. Officials, last met on March 15, may discuss what path of the Central Bank will have in its program for the purchase of 600 billion in Treasury bills ends in June. "The last time the Fed met it was just after the disaster of the Japan, so it might have been a sense that the Fed held back to see how the markets and economies have responded to those who care about the circumstances"stated Jim Vogel, responsible for the research agency of the debt to TFN in Memphis (Tennessee), referring to the earthquake record of the Japan on March 11." "The Fed may be more freely discuss their general economic prospects." Which will be adjusted to the FOMC people. "Economic DataTreasuries won yesterday as economic general index of the Fed dropped Philadelphia to 18.5 in April, the lowest level since November, so that initial applications for unemployment benefits fell to 403 000 in the week ending April 16showed data of the Ministry of labour. Bloomberg surveys predicting a reading of the index of 36.9 and a decrease in unemployed-application to 390, 000.U.S. product domestic crude has slowed to an annual growth of 1.8 per cent of the pace in the first quarter, median forecast of 32 economists in a Bloomberg News survey ofcompared to 3.1% in the fourth quarter and 2.6% in the third. The Commerce Department reported that data on earnings for April 28. of the Treasury were limited this week that stocks have increased the estimates of income reports best companies. The S & P 500 Index gained 1.3%, while the MSCI World Index rose by 1.6%, the largest weekly gain in a month.The dollar had lost against all 16 of his counterparts traded to the largest part, partly on speculation that the Fed will be behind other central banks to increase interest rates. The European Central Bank raised its key rate April 7 to 1.25% to a record low 1%. Ministry of Finance of the Council of Treasury AuctionsThe said that it will sell 35 billion dollars in the two-year notes, $ 35 billion over five years the debt and $ 29 billion in seven years on securities auction on three consecutive days as of April 26. The sizes in the trio of offerings have been unchanged since October and corresponded to the average of forecasts in a survey of Bloomberg's new primary dealers of the Fed.La auction for five years on April 27 has been postponed to 11: 30 am. New York Times, until the Fed released its statement at 12: 30, followed by a public briefing by s. Ben Bernanke, Chairman at 2 p.m. under a new system. Offers are usually due by 1 a.m. .the U.S. p sold a record yesterday five-year Treasury Inflation protected securities $ 14 billion, a negative return for a second straight offer of drawing. Performance is negative 0.180%, compared to the forecast of negative 0.1825 per cent in a survey of primary dealers 6. "Pay a premium '"People pay a premium to own protection against inflation,"said James Golden, head of government trade in New York to Jefferies Group Inc., which as one of the 20 primary dealers is obliged to bid at the auction of U.S. debt.A measure of bond market of inflation expectations that the Fed uses to help determine monetary policy was 3.06 points percentage, compared to the percentage points of 2.82 on March 23. It reached a record of 10 months of 3.28 percentage points in December. Rate of return before five years, five years of the projects that the pace of consumer price increases may be beginning in 2016. He was an average 2.78 percentage points over the past five years.The actual performance of the 10-year benchmark, performance note less index year core, was 2.27% yesterday, compared to a median of 10 years of 2.14%.Can aggravate the bonds also suggested this week on speculation European sovereign debt crisis. Budgetary problems of the Greece pushed yields on the notes of two years of the nation up to Records. Performance yesterday has climbed to 23.3%, highest since before the euro was introduced in 1999.

-Editors: Greg Storey, Paul Cox

To contact the reporters on this story: Susanne Walker in New York at swalker33@bloomberg.net.

To contact the editor responsible for this story: Robert Burgess to bburgess@bloomberg.net

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Veiled women arrested in protest of Paris

Implemented France in motion Monday first ban of the world sailing Islamic face, which means that women can naked their breasts at Cannes, but not cover their faces on the fields-Elysée.

Two veiled women were transported off the coast of a Paris protest a few hours after the entry into force of the ban. Their demonstration unauthorized on cobblestones square with the Cathedral of Notre-Dame de Paris, was rich in symbolism of the modern spirit of the France of defiance and its medieval history.

While some see invasive Islamophobia in the new prohibition, President Nicolas Sarkozy's Government defends as a bulwark protecting the identity of the France against inequality and extremism. Soft font that it will be difficult to enforce.

"The law is very clear." Hiding your face in public places is cause of imposing sanctions, "Minister of the Interior, Claude Guéant said Monday at a meeting of the EU at Luxembourg. He said he defends "" two fundamental principles: the principle of secularism and the principle of equality between men and women. ""

Two veiled women were taken by police for having participated in a demonstration allowed, said the authority of police in Paris. They were released later Monday after questioning.

Amnesty International condemns the detention of two women and others to the protest.

It was not clear if the women were also fined for wearing a veil.

Kenza Drider, raided French Muslims in North Africa, wearing a niqab, seen outside the Cathedral of Notre Dame de Paris on Monday. (Gonzalo Fuentes/Reuters)

The said Act veiled women are likely a 150 euro ($210 Cdn) fine or special citizenship classes, only in prison. People force women to wear a veil are subject to up to a year in jail and 30,000 - euro ($ 41,000) fine and perhaps twice that if the veiled person is a minor.

The ban affects women who wear the hijab and the burka. The Act is formulated to skate safely with legal minefields: the words "women", "Muslim" and "sailing" are not even mentioned. The law says it is illegal to hide his face in public space, but makes exceptions for motorcycle helmets, traditional ceremonies such as marriages or Carnival costumes.

While the Italy also has a law against the concealment of the face for reasons of security, right of the France was the first designed for sailing-bearing to target. Sarkozy has said that he wanted a ban, and that the sails are not welcome in France.

Although only a very small minority — 2 000 women in the most - France five million Muslims wear the veil, many Muslims see the ban as an affront to the religion of no. 2 of the country.

Journalist independent Genevieve Oger said CBC News from Paris that women veiled in France are rarely outside high-immigration areas a few.

"If you plan to see walking in the street in France, which is actually quite rare," she said. "" "". As a result, many people say that this law is really just only symbolic and that it will have no impact. ?

About a dozen people, including three women wearing niqabs with just a slit for the eyes, went protest before Notre Dame Monday, saying that the ban is an affront to their freedom of expression and religion.

Many more large crowds of police, journalists and tourists filled the place.

Oger, said that, in many cases, women are young girls, born in France of immigrants who have a "spiritual awakening" and become more religious than their family, wearing of the veil as a statement of identity - often over the objections of their parents.

The ban affects women who wear the niqab, which has just a slit for the eyes and the burka, which has a screen mesh over the eyes.

Kenza Drider, who lives in the Sauvignon and carries a niqab, calls the racist of the ban.

Muslim women veiled in London take part in a protest against the France, prohibiting the wearing of veils Monday. Matt Dunham/Associated Press

Just before the entry into force of the ban, she told Associated Press that she would continue to "shopping, to the post office and if necessary City Hall."

"I under no circumstance will stop port my veil.". If I am notified verbally and must appear before the local attorney. … I will call on the European Court of human rights. ?

The veil, for her, "is a submission to God," said Drider.

The ban had strong support from major political parties of the France on the left and right in a country which has separated the Church and the State with an act of 1905, but has struggled in recent years to integrate the Muslim population growth.

On Saturday, police arrested 61 people - including 19 women - for having attempted to organize a demonstration prohibited in Paris against the ban pending the France face-covering veils.

Muslim leaders also agree that Islam does not require and moderate in France women cover their faces, but many are uncomfortable with the ban on headscarves. Religious leaders have denounced the measure and are faced with the need to inform the faithful.

' Is not a racist act... You must accept if you want to integrate with the French people and France '-Laurent Berrebe, a resident of Paris

Plans for a ban prompted protests in Pakistan last year and the warnings of al-Qaeda. He also has whimsical fervent Muslim tourists, since it applies to visitors and French citizens.

Public opinion in Paris on the morality of the application of the prohibition appears mixed.

"It is not a racist act." It is just an act that origin of the story of France and you have therefore need to accept it if you want to integrate with France and the French people, "insisted Laurent Berrebe, Economist, walk in the Centre of Paris on Monday."

Nurse ALO Belmanaa is opposed.

"We are in France, we are in a democratic country where everyone has the right to do what they want. If they want to wear a veil or go completely naked it is their right. ?

Records of CBC News back to the accessibility links

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