Birdwatch Note Rating
2023-03-19 15:32:08 UTC - HELPFUL
Rated by Participant: 4823BFF045E8D184FB5F55B5255BB1B62A4D56A4DAB8C572C1AD13DC18111D69
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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