Birdwatch Note Rating
2023-03-19 15:07:07 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 160D0D956168EFAE863208BFFC96D4776ADD88FA8B3875E8BE3465DC86272F1B
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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