Birdwatch Note Rating
2023-03-19 15:03:19 UTC - SOMEWHAT_HELPFUL
Rated by Participant: C0B2D2C1C2E9BDB6D9912E7992659DAAC721CC786584D82E85676D430E923228
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