Birdwatch Note Rating
2023-03-19 06:42:35 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 9B99DF1841D5E28BAF77DBBF50775FD49833162ACCB2673ECA59234A1347BDB5
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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