Birdwatch Note Rating
2023-03-19 13:51:02 UTC - HELPFUL
Rated by Participant: BF2B335D06A1C158126AC06A0A7CB657FF26AF226A2062F61DEAC35C082E851D
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