Birdwatch Note Rating
2023-03-19 02:58:37 UTC - NOT_HELPFUL
Rated by Participant: A297F83C905EB7194CB17535551DDB7D96FBC106F308CC46B3B3F7507C34C48B
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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