Birdwatch Note Rating
2023-03-19 15:33:17 UTC - HELPFUL
Rated by Participant: 405270EB37EEF326127E3DF5D71271A4D52883BB9FBCC706E736F6BE7E9558B6
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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