Birdwatch Note Rating
2023-03-19 02:15:58 UTC - NOT_HELPFUL
Rated by Participant: ED5C4AFD726405FCF637455AA80AFF483B85E5D2D67CC435E6361007A08B1FC0
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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