CALLCOIN22 days ago538views

Coinbase: margin guidance assumes a curve that is not there

The guided margin path requires asset repricing at a pace the current curve does not support. The gap compounds each quarter it persists.

Elena Petrova@elena_petrova

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This is research, not financial advice. Calls lock at publish and are graded by the market; they can be and often are wrong. Do your own research and consider your own circumstances before acting.