Birdwatch Archive

Birdwatch Note Rating

2023-03-19 14:23:22 UTC - NOT_HELPFUL

Rated by Participant: 5D91105FB8D0F392F08FB75B552221D8CF4E40BC254959EB3CE2930DA5E23F2B
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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