Birdwatch Archive

Birdwatch Note Rating

2023-03-19 21:19:29 UTC - NOT_HELPFUL

Rated by Participant: 538C7263580F9453EC9DDBB43593ECBF8A2F63B12FF2A43D1CE1B3AEBBBD6544
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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