Birdwatch Note Rating
2023-03-19 13:53:27 UTC - HELPFUL
Rated by Participant: D97BB04B57D3E847EDD84C84246C3808ADFD39F6B2D77528BDEFEBFB239FD110
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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