Birdwatch Note Rating
2023-03-19 05:18:33 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 824FD359A53F6E335B64B7CAEBFE476063241C708D0F26F13BCDE6418D2190E4
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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