Birdwatch Note Rating
2023-03-19 02:06:09 UTC - HELPFUL
Rated by Participant: 31A20A6E1B66E0D055D370DED77E477AA7AE7B16EDD5A252B4F39481A946455D
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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