GE's (GE +1.9%) finance arm is moving from laggard to leader - and pulling away from the big...

|By:, SA News Editor

GE's (GE +1.9%) finance arm is moving from laggard to leader - and pulling away from the big banks - in the eyes of credit traders. Reflecting renewed confidence, the cost to protect the debt of GE Capital with credit default swaps has narrowed to 135 basis points, or 52 bps less than the 187 bp average for the six biggest U.S. lenders.