Birdwatch Note Rating
2023-03-19 17:10:56 UTC - NOT_HELPFUL
Rated by Participant: 2BEC3F3624450FAD7A4F83D290273FA56252170F43846C54F8744448F71A6946
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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