Birdwatch Note Rating
2023-03-19 19:34:35 UTC - SOMEWHAT_HELPFUL
Rated by Participant: FF63FB87D3F6BD56049C8C5D7CC0EA3352621C4643D76A97B471E6A93944701A
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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