Birdwatch Note Rating
2023-03-19 18:54:20 UTC - NOT_HELPFUL
Rated by Participant: BD3A86CAF48AB7911DA7D40ED242EA5A735D0C6229423662C77B1A4960A7D823
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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