Birdwatch Note Rating
2023-03-19 14:23:22 UTC - NOT_HELPFUL
Rated by Participant: C33F2C6F30435C9B48D632723A62C2BD2D2ED5FAB4F871265A6751D588EF16F0
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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