Birdwatch Note Rating
2023-03-19 14:08:53 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 3FC6A8110692E87E9C498FB26F67307E437B3825876D523532C07409A869AB3D
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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