NEW YORK & CHICAGO & LONDON--(BUSINESS WIRE)--Tightening in General Motors Company (GM) five-year credit default swap (CDS) spreads since the end of January underscores investor confidence in the automaker as recall risks fade, according to Fitch Ratings. GM CDS spreads have fallen from January peaks and narrowed close to 9% over the course of the last week, according to Fitch Solutions. Spreads on five-year GM CDS are currently quoted at 133 basis points. The CDS move outperformed a 2% firming
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