The days of easy credit may be coming to an end.
The jitters began with losses at two Bear Stearns hedge funds that invested in subprime-mortgage debt that now are worth almost nothing.
And over the past few weeks, a string of companies has delayed or canceled debt offerings, a sign that investors may be less interested in debt deals that don't adequately reward them for potential risk.
See the article below:
http://online.wsj.com/public/resources/documents/info-BondTurmoil0707-sort.html