Birdwatch Archive

Birdwatch Note Rating

2023-03-19 15:33:12 UTC - NOT_HELPFUL

Rated by Participant: 870CF5F1DA003B9F2780648B15AF17BA22627D3857C5FB2F13CD71B65F7F3142
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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