Birdwatch Note Rating
2023-03-19 15:07:07 UTC - SOMEWHAT_HELPFUL
Rated by Participant: CCC328C7A178EFC4AB919FD27F98EEA9BF503F6BB67655DBD67A0716C0E0EFC9
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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