Birdwatch Note Rating
2023-03-19 02:02:19 UTC - NOT_HELPFUL
Rated by Participant: C56A36C700ED6315E6BB86C1C3479C4729D6689986F6E670E22BFE4BCD7A7659
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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