Birdwatch Note Rating
2023-03-19 15:51:48 UTC - HELPFUL
Rated by Participant: C16AD2739139909303D68D8310951D46BAD71FB0440DDC068E6E4A32B5468F29
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