Samurai bond spreads widen after GM stunner


By Chikako Mogi TOKYO, March 17 (Reuters) - Spreads on Samurai bonds widened on Thursday, suffering after a profit warning by General Motors Corp. roiled global credit markets and the giant corporate bond issuer came one step closer to being rated junk. Analysts said investors in Samurais, yen-denominated bonds issued in Japan by a foreign entity, were unsettled by how widely GM's warning shook U.S. financial markets, hurting credit spreads across the board. The world's biggest auto ...

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