US Corp Bonds-Spreads unchanged near five-yr lows


By Dena Aubin NEW YORK, Jan 20 (Reuters) - U.S. corporate bond spreads were mostly unchanged on Tuesday, but yield spreads on General Motors Corp. and Citigroup bonds tightened after the companies reported better-than-expected fourth-quarter results. General Motors, the world's largest automaker, reported flat fourth-quarter earnings after a one-time gain from the sale of its Hughes Electronics Corp. unit offset losses from restructuring charges and slower car sales. Excluding the gain ...

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