Directions

1. In a bread machine, put milk, egg, butter, sugar, salt, bread flour, and yeast in the order suggested by the manufacturer. Select the Dough cycle. Start. Butter 2 cookie sheets; set aside.
2. Divide dough in half. Roll each piece out into rectangles, about 12x16 inches. Spread each dough rectangle with 1 tablespoon softened butter. In a small bowl, combine 2 teaspoons ground cinnamon, 3/4 cup light brown sugar, and 1/2 cup raisins. Sprinkle mixture onto rectangles. Roll them up jelly-roll fashion, along long side. Pinch edges to seal. Stretch and twist into rings. Place them onto prepared cookie sheets with sealed edges down. Pinch ends together to form a ring. Using clean scissors, cut 2/3 way of the way through the loaf at about 1 inch intervals. Spread each cut slightly. Cover with a clean towel and let loaves rise until double. At this time, you may cover tightly with plastic wrap and refrigerate until later.
3. Preheat oven to 350 degrees F (175 degrees C).
4. Bake for 20 minutes. The loaf will be light brown on top and the filling will be oozing and bubbling through. Repeat for second ring.
5. In a small mixing bowl, combine confectioners sugar, almond extract, and milk. Drizzle icing over warm bread.