banki moon will be arriving here on tuesday. expected to be part of the gaza strip which has been effectively reduced to rubble during israel's seven week bombardment of the gaza strip. he will of course be meeting with various members of the unity government here, with members of the u.n. which are based here as well. but this isn't the first time banki moon has come to gaza, the last time he was here was this 2009, he came following what was described by israel as operation cat led, that conflict was a very serious conflict, hundreds were killed in that and now he is coming back again after yet another conflict, this time a much more serious conflict as we have been saying nearly 2200 people were killed in that war. and it is perhaps why mr. ban used such strong language in the press briefing we heard from him saying the endless, mindless suffering of the people of gaza needs to end. and he went on to say that all sides need to work harder so that a two-state solution is effectively agreed. and the words he used was that both

. ♪ now, banki moon the u.s. general thanks the international community pledging $5.5 billion to help rebuild gaza and speaking in the occupied west bank and he said that palestinian unity government will play the lead role in managing these funds and 50 day assault on palestinian territory left thousands of homes and infrastructure completely destroyed. >> the government of national consensus will manage these funds and supervising gaza's construction, reconstruction with the support of the international community. we would like to see the unity government in assuming its rightful responsibilities and functions in gaza. >> reporter: well, speaking alongside banki monday was the palestinian prime minister. >> translator: i have stressed to sectorry general banki moon, the aid will never achieve goals unless the israeli goal on gaza is lived and liberate the palestinian national economy and get rid of the israeli domination on the movement of goods and people. >> reporter: well also during that press conference mr

secretary-general banki moon is in gaza for the start of that and let's cross to gaza and talk aboutvisit and looks like you are standing in the school and tell us what is going on there. >> reporter: that's right, mr. ban was here a short while ago where he met with staff who are running the school and of course the people who live in these u.n. shelters, around 100,000 people lost their homes during israel's seven week bombardment and a number live in facilities like this operated by the united nations and meeting with the people we understand that mr. ban referenced what happened during that war which is the fact that a number of these schools were targeted in israeli shell ings and disproportionately civilians lost in attacks and a number of women and children and of course it's really just one of those issues here that is very close to the united nations and indeed unra and why mr. ban came to meet with the people. >> what else is he going to be doing there and it's quite significant who he will be meeting with as well? >> reporter: that's right. in fact, before he came here he

. >> banky moon came here and starting crying when he saw the conditions we were in, and heard the sufferinge faced. he is a powerful man, we hope he will help us find permanent homes. coinciding with the visit was the first shipment. of materials and it is hoped that with this need and the you youty government in place, the siege will ease. but that's a decision for the government to make that hasn't said how or if it will. al jazeera, gaza. now in better times it was known at the celtic tieinger but the company was brought to it's knees when part of the sector collapsed. it now claims the fastest growth in the euro zone. >> budget day in ireland and the people who work in the financial quarter have had much to celebrate. foreign giants have paid tiny amounts of tax, the banks collapse but the people paid the price. >> but the bank debt has been restructured and so eventually ministers have what they say is good news. first budget where the government can sit down and decide with question reduce the budget, can we invest in public services. but within sight of the financial center, you can

bankis a classic central put option. five or six years now? access.r all this year, the german jet -- german debt has been the biggest gainer. the debt previous to this month has been -- they gainers. u.s. treasuries, especially the longer dated bonds, have been amazing winners this year. there is a question of how much longer that could last. >> what are the signs of both analysts telling you when this rally might fizzle? >> we saw a dramatic move with treasury yields plunging. how much of that was capitulation and how much is that actually international investors piling a safe haven, a safe haven for u.s. treasuries? it is not totally we are whether all of the shorts have been been out of the market. have, there's more potential for yields to rise more. >> what are they tell you, one side or the other? >> analyst expect yields to rise. .eally not significantly rising press ok. we will have to leave it there. our debt expert, thank you so much. on the markets again in 30 minutes. market makers is up next. ♪ ♪ live from bloomberg headquarters in new y

mortgage banki ingbanking, we'r. but the originations, the amount of loans they made were up 2%. the problem is, the decline in rates means that mortgage revenues go down a little bit. and i think that was the problem. let's call it okay, not great quarter. the conference call is at 10:00. we're getting more on how the u.s. economy is doing at that time. elsewhere, we're getting oversold bounces. we talked about this all day yesterday. and everyone who was predicting it was proved wrong in the last hour. take a look at the airlines, for example. delta, united airlines, most of the major ones are up a little bit here in the first few minutes of trading. they dropped late in the day. we're also seeing some beaten up sectors bouncing back, semiconductors, for example. there's the excess, the xpi is up today. xop is exploration of production, which has been annihila annihilated. down about 30% in the last few weeks. that's also bouncing up 2.3%. even germany is bouncing. it was down earlier on. they took down their growth outlook for 2014 and 2015. their investor confidence outlook n