Birdwatch Note Rating
2023-03-19 13:58:28 UTC - NOT_HELPFUL
Rated by Participant: A6529B5ECF9D746EA3FE5AD410207420711862B615F8B4317E8C0DEE66C086A6
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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