Birdwatch Note Rating
2023-03-19 14:28:20 UTC - HELPFUL
Rated by Participant: 71A8D089BB7143D7CFA04A0D7EEF5C32B3B2901386875FDE172BA7A711F2ADB9
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