Birdwatch Note Rating
2023-03-19 20:04:10 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 4A375F4A7845EF6F223335506CEEBD1ED2121FC91EB0F06DF8B82C886669244B
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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