Birdwatch Note Rating
2023-03-19 02:49:08 UTC - HELPFUL
Rated by Participant: 648BE6EE6413CB1DE7ED8A8A5637E417455500360B820CE820E3A4FD4EC19130
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
All Note Details