Birdwatch Note Rating
2023-03-19 18:39:34 UTC - NOT_HELPFUL
Rated by Participant: CA13806B4DBB8C01F033A0DC988A4450E9C685A8E3C5E924EAF34A9E9C452221
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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