Birdwatch Note Rating
2023-03-19 02:07:39 UTC - NOT_HELPFUL
Rated by Participant: 9F79DCACBAEE0E2FC4E45A4D920565AF48EF055DA8057B77552319C033208E63
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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