Birdwatch Archive

Birdwatch Note Rating

2023-03-19 08:26:20 UTC - NOT_HELPFUL

Rated by Participant: 18393EDD7D4D200432C5571B2738AE14961D1FBF7A8CD40E6A68C55C14E506D2
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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