Birdwatch Note Rating
2023-03-19 23:17:11 UTC - NOT_HELPFUL
Rated by Participant: 38D5728C58D0EA348CE5DEBDDB04A8AA59409128104580316B25A40F6BD2EB0D
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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