Birdwatch Archive

Birdwatch Note Rating

2023-03-20 13:25:52 UTC - NOT_HELPFUL

Rated by Participant: 3112CB2BD14F6BBCFCA1F2534B73C8A8C5CC88F5BC59C3C0073ED58C24EF8894
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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