Birdwatch Note Rating
2023-03-19 14:10:59 UTC - NOT_HELPFUL
Rated by Participant: 9835D391B01764F001D768DC016251E049ECA47DC6E91A7244BF956B5B1E3CA3
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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