Birdwatch Note Rating
2023-03-19 12:59:14 UTC - NOT_HELPFUL
Rated by Participant: A18DDD04BEFE7EB110B6B42329E09D26AAE4EC9BAF83BD66DC536034A7C6FDEA
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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