Birdwatch Note Rating
2023-03-19 12:19:10 UTC - HELPFUL
Rated by Participant: F6ECBE7530BA82AA57CE9FF76CE445BBE11940509B420DF5C4D06BAE1DF5C2D9
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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