Pakorn Supajitsoontorn/iStock via Getty Images There has been far more uncertainty involved in bond markets than one might have imagined at the beginning of the current calendar year. The expectations of interest rate decline, which were quite high, are starting to signal caution. In these circumstances, therefore, a conservative investor would be on the lookout for vehicles that might offer a str...
Pakorn Supajitsoontorn/iStock via Getty Images There has been far more uncertainty involved in bond markets than one might have imagined at the beginning of the current calendar year. The expectations of interest rate decline, which were quite high, are starting to signal caution. In these circumstances, therefore, a conservative investor would be on the lookout for vehicles that might offer a strong absolute yield and adequate returns in accordance with the risk exposure without incurring much duration exposure. The bonds of Ramaco Resources, Inc. ( METC ) are one such vehicle. The current bond under consideration has a fairly low duration, would mature within four years from now, and provides a good parking place for money for investors either willing to hold the bond to maturity or even for a short-term capital deployment. The sensitivity to interest rate fluctuations due to the low duration of the bond, resulting from its short maturity, would be fairly low, thereby containing the movements in market price to a significant extent. The major risk that might cause movement in market price remains largely linked to a credit change, which unless there is a material change in the profile of the company, would likely remain similar. In addition, for investors willing to hold the bond till maturity, the core focus would lie in the company’s ability to redeem the bond as per the contract at par value. I recently covered the Ramaco Resources, Inc. CAL NT 29 ( METCZ ) bond around a month and a half ago. At present, total returns are approximately ~2.88%. That position could continue to be held by an investor if already allocated. SA page At the same time however, there is another short-duration bond identical to that, which is Ramaco Resources, Inc. CAL NT 30 ( METCI ) . I would add this bond to the list as well, which can be considered by an investor looking for a strong yield without having exposure to duration. The said bond, especially due to its call date being more ...
For the most part, the way to earn Social Security is to pay into the system throughout your career. You may be used to having your wages taxed to fund the program, but that doesn't mean you need to be happy about it. Still, the upside is that come retirement, it gets to be your turn to collect those benefits. And it's important to make sure you're getting every dollar in Social Security you're el...
For the most part, the way to earn Social Security is to pay into the system throughout your career. You may be used to having your wages taxed to fund the program, but that doesn't mean you need to be happy about it. Still, the upside is that come retirement, it gets to be your turn to collect those benefits. And it's important to make sure you're getting every dollar in Social Security you're eligible for. If any of these signs apply to you, though, then you may not be getting as much Social Security as you could. 1. You're planning to file for benefits early The earliest age to sign up for Social Security is 62. And you may be inclined to take benefits as soon as possible since, well, you can. In some cases, an early Social Security claim isn't a bad idea. But you should know that for each month you take benefits ahead of full retirement age, your monthly checks are reduced permanently. Social Security's full retirement age is 67 for anyone born in 1960 or later. If you fall into that category and claim benefits at 62, you'll reduce your monthly checks by about 30% -- for life. So unless you have a specific reason to take benefits early, you may want to hold off. 2. You're delaying your claim without considering your health Just as claiming Social Security before full retirement age results in reduced monthly checks, filing for benefits after full retirement age boosts those payments by 8% per year. But a delayed claim isn't always a savvy move, even though you might assume it is. Waiting on Social Security really only pays off if you live long enough to make up for years without getting benefits. Think about it this way: If you file at 70 and only live until age 74, you'll have just four years' worth of payments, which isn't enough to make up for the monthly checks you could've had starting at 62 or 67. If you're not in the best health, it often pays not to delay Social Security past full retirement age. You may even want to file early if you don't expect to liv...
Morning, I’m Louise Moon from Bloomberg UK’s breaking news team, bringing you up to speed on today’s top business stories. Have you been putting off booking your summer holiday or concerned about air fares or cancellations due to potential jet fuel shortages? If you were, you’re not alone — and major airlines are feeling the effect. EasyJet’s summer bookings are trailing last year , with the airli...
Morning, I’m Louise Moon from Bloomberg UK’s breaking news team, bringing you up to speed on today’s top business stories. Have you been putting off booking your summer holiday or concerned about air fares or cancellations due to potential jet fuel shortages? If you were, you’re not alone — and major airlines are feeling the effect. EasyJet’s summer bookings are trailing last year , with the airline only 58% sold for the second half. “Further out, there seems to be more caution,” CEO Kenton Jarvis told Bloomberg Television. “People are waiting, watching and then booking later.” The budget airline is carrying out an “active review of all discretionary cost” and has lifted the minimum ticket price. That’s just a month after it issued a profit warning . Unsurprisingly, it said there’s uncertainty over its outlook for the full year. All this, of course, is a result of the Middle East conflict and higher fuel costs (though EasyJet did stress there were no issues over fuel supply). Shares dipped at the open, having already lost about 32% this year. What’s your take? Ping me on X , LinkedIn or drop me an email at lmoon13@bloomberg.net. Oh, and do subscribe to Bloomberg.com for unlimited access to trusted business journalism on the UK, and beyond. What We’re Watching BT expects revenue to dip slightly more than predicted as it battles broadband losses alongside stiff competition. Still, Fibre take out remains robust and CEO Alison Kirkby said her transformation of the telecom group is “ahead of plan”. Shares fell, having more than doubled since her appointment in 2024. Lender Close Brothers has increased its motor finance provision by another £30 million, bringing the total to £320 million. Close Bros has been particularly exposed to the saga related to the mis-selling of car loans. Pubs seem to be battling the headwinds relatively well, with strong sales of late at both Young’s and Mitchells & Butlers . That’s as they face additional costs relating to labour and food infla...
+ ↺ − 16 px Advanced Micro Devices (AMD) said on Thursday that it will invest more than $10 billion across Taiwan’s AI ecosystem as it expands strategic partnerships and strengthens its manufacturing capabilities, News.Az reports, citing Reuters. The U.S. chipmaker said it will collaborate with Taiwanese firms ASE Technology Holding and Siliconware Precision Industries to develop more power-effici...
+ ↺ − 16 px Advanced Micro Devices (AMD) said on Thursday that it will invest more than $10 billion across Taiwan’s AI ecosystem as it expands strategic partnerships and strengthens its manufacturing capabilities, News.Az reports, citing Reuters. The U.S. chipmaker said it will collaborate with Taiwanese firms ASE Technology Holding and Siliconware Precision Industries to develop more power-efficient technologies for AI systems and processors, according to a statement. The investment is part of AMD’s broader effort to scale up its artificial intelligence hardware ecosystem and deepen ties with key manufacturing partners in Taiwan. News.Az
French business activity shrank at the quickest pace in five and a half years as higher energy prices hit consumers and firms. S&P Global’s Composite Purchasing Managers’ Index sank to 43.5 in May from 47.6 in April — holding below the 50 mark separating expansion from contraction for a fifth month. Analysts polled by Bloomberg had anticipated a slight improvement. The manufacturing and services g...
French business activity shrank at the quickest pace in five and a half years as higher energy prices hit consumers and firms. S&P Global’s Composite Purchasing Managers’ Index sank to 43.5 in May from 47.6 in April — holding below the 50 mark separating expansion from contraction for a fifth month. Analysts polled by Bloomberg had anticipated a slight improvement. The manufacturing and services gauges both plunged, with companies saying the Iran war is pushing up fuel and energy costs and causing more general “economic angst,” S&P said. “This shock has materially lifted recession risks for the eurozone’s second-largest economy,” Joe Hayes, principal economist at S&P Global Market Intelligence, said Thursday in a statement, describing the numbers as “dire.” “The concern is that a broader uplift in the economy’s overall price level raises the risk of further demand destruction,” he added. The resilience of France’s economy “is starting to be put to the test ,” the central bank said this month, refusing to predict what will happen this quarter following a surprise stagnation in the first three months. In a sign that the situation is deteriorating, unemployment has unexpectedly risen to its highest level in five years. Higher interest rates are likely to present another headwind, with the European Central Bank mulling a hike next month and markets pricing two more after that. Euro-zone PMI data will arrive later this morning. PMIs are closely watched by markets as they arrive early in the month and are good at revealing trends and turning points in an economy. A measure of breadth of changes in output rather than depth, business surveys can sometimes be difficult to map directly to quarterly GDP. French Parliament Approves Macron’s Pick to Run Central Bank France Remains Europe’s Magnet for Foreign Investment , EY Says French Jobless Rate Jumps Above 8% for First Time Since 2021
AMD to invest over $10B in Taiwan semiconductor ecosystem to boost advanced packaging for AI. Partnerships with ASE, SPIL and PTI to qualify 2.5D EFB interconnects for Venice CPUs and AI compute. 1 2 3 AMD says Venice ramp aligns with its plan to expand 2nm data-center CPU production and confirmed a follow-on chip, Verano, with LPDDR memory features for AI workloads. 4 AMD climbed sharply in the r...
AMD to invest over $10B in Taiwan semiconductor ecosystem to boost advanced packaging for AI. Partnerships with ASE, SPIL and PTI to qualify 2.5D EFB interconnects for Venice CPUs and AI compute. 1 2 3 AMD says Venice ramp aligns with its plan to expand 2nm data-center CPU production and confirmed a follow-on chip, Verano, with LPDDR memory features for AI workloads. 4 AMD climbed sharply in the recent chip rally, up 74% in April 2026 and doubling year-to-date, driven by strong AI demand and rising earnings momentum relevant to traders. 5 6