Birdwatch Note Rating
2023-03-19 19:27:09 UTC - NOT_HELPFUL
Rated by Participant: 85F24C52F79C344E938A94AE105F3669D3AD4A411D7682B37465B14A9B1022DB
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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