Birdwatch Note Rating
2023-03-19 19:50:23 UTC - HELPFUL
Rated by Participant: 7DC3B8BF1E4AA63D044590264EB2EF5097EF2521D4B54B48D21CAD25F28FC07A
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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