Birdwatch Note Rating
2023-03-19 13:51:04 UTC - NOT_HELPFUL
Rated by Participant: 1196701BC4216DC9A34A6902F1E99DC958D9305A1EF7CF3F751393ABF7334D71
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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