Birdwatch Note Rating
2023-03-19 15:33:12 UTC - NOT_HELPFUL
Rated by Participant: 8AA014C39E0AF21DD22559F99E20B320E164F39C6DD9A3A225DA9145D2174FD8
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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