Birdwatch Note Rating
2023-03-19 15:19:10 UTC - HELPFUL
Rated by Participant: FDC7AC58A5E41F9749BCED170D4F3965E49CBBC7F860CA27C46D79DE4F029C0A
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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