Birdwatch Note Rating
2023-03-19 12:57:01 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 830D5CDCC560A09D26C12315124CC8F8FF27F21C1446DEDE64F6942291AB2D27
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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