Birdwatch Note Rating
2023-03-20 04:03:34 UTC - NOT_HELPFUL
Rated by Participant: 10850A0261E89D4B9CC97D61C0DBE8D9A0E0301C00C110299B84C75CBBEC8D04
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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