Birdwatch Note Rating
2023-03-19 21:04:31 UTC - NOT_HELPFUL
Rated by Participant: 2D4C83A96BA3B1DE6B629ABC08A9535751418C9761E70F4356D07687F99ABC1A
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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