Birdwatch Note Rating
2023-03-19 15:24:58 UTC - NOT_HELPFUL
Rated by Participant: B7B4FB8AFE3F38DD26E4D590DD087FA7B4426F7B93D59F47883FA2706B6CB9AA
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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