Birdwatch Note Rating
2023-03-20 04:08:20 UTC - NOT_HELPFUL
Rated by Participant: DF87E04346A5EAB30E75F8A7A3D517E8B6CB0065514DC3B64E4A836E40B26FBC
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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