Birdwatch Note Rating
2023-03-19 13:34:46 UTC - NOT_HELPFUL
Rated by Participant: 2BA688558F28AEAFCA76C979049F97B85EF779A2E93D9EA2709A7BF75EE76C20
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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