Emerging debt-Thailand's spreads widen amid political turmoil

Newswire

HONG KONG, Nov 26 (Reuters) - Thailand's credit spreads widened on Wednesday as anti-government protesters laid siege to Bangkok airport in a bid to oust the country's prime minister. But sentiment in the wider Asian market was underpinned by news of a $600 billion U.S. Federal Reserve plan to buy debt and mortgage securities, raising hopes the package could revive the sagging U.S. housing market and free up consumer lending. Benchmark credit default swaps (CDS) -- insurance like ...

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