Birdwatch Note Rating
2023-03-19 14:10:59 UTC - NOT_HELPFUL
Rated by Participant: 2201774B3552B984E38D3B2D7820213B097889C82FB3B3E5C5903CB1A2257D3A
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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