Birdwatch Note Rating
2023-03-19 03:28:36 UTC - HELPFUL
Rated by Participant: 6A3C6F599510A2261EC24F7ADAC9225179BA20ECA1416CF3D206AB7EC72A88A2
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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