Birdwatch Note Rating
2023-03-19 12:51:40 UTC - HELPFUL
Rated by Participant: 96874D34A30643EEF26F2BF1D860B15EFBF6F04BA28E7B6BEF7520AB5B7C0751
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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