Birdwatch Archive

Birdwatch Note Rating

2023-03-19 19:27:09 UTC - NOT_HELPFUL

Rated by Participant: 887BFCC50BEE29041C5E22DF4EDBAD025EDA968FEE0FD0CA3B6B588DFE406FC7
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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