Birdwatch Note Rating
2023-03-19 02:58:37 UTC - NOT_HELPFUL
Rated by Participant: 081AC5EFD6BE8B234CA81F64A69537BBF603530414D247624F414DC7CE93D274
Participant Details
Original Note:
Elon seems to be either misunderstanding how yields are determined or confusing coupon rates with yields. Yields (yield to maturity) are the rates at which market prices equal the present value of future cash flows so yields are going to fluctuate as market prices fluctuate. https://www.investopedia.com/terms/y/yieldtomaturity.asp
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