Birdwatch Note Rating
2023-03-20 20:42:20 UTC - SOMEWHAT_HELPFUL
Rated by Participant: BBBDA7F306B6B2C6E224C37BF70E89C5586F1137A7EC8E1CF74466A93583573B
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
All Note Details