Birdwatch Note Rating
2023-03-19 22:00:32 UTC - NOT_HELPFUL
Rated by Participant: C8AF3A538B1C28F4701952FC5C4F934A85EF17CCCB7EAB206AEB0DC78BBEA4C5
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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