Birdwatch Archive

Birdwatch Note Rating

2023-03-19 17:10:56 UTC - NOT_HELPFUL

Rated by Participant: EC6434F9E7ACFEBD2944FB27D831D8CFF48A1DD0CB01289AEB4C35F0501BD819
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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