Birdwatch Note Rating
2023-03-19 14:28:40 UTC - NOT_HELPFUL
Rated by Participant: 9021DD100375BEEDD026C8E238D52A3556A7653E8D25D6AAB80A16494BE075D1
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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