Birdwatch Archive

Birdwatch Note Rating

2023-03-19 13:25:23 UTC - NOT_HELPFUL

Rated by Participant: 823FDE05B4C5BB23EA72CD799A94F9213AC44CAD6D499E92D85957523E34A094
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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