Panic set in. Trading and the credit markets froze. The stock market crashed.

恐慌来临。交易和信贷市场冻结。股市暴跌。

Interest-rate cuts cannot do much to remedy the disruption. But they can help to soothe credit markets.

降息并不能弥补这种混乱。但它们可以帮助稳定信贷市场。

A bigger worry is credit markets and in particular corporate debt, which has soared over the past decade.

更令人担忧的是信贷市场，尤其是过去10年飙升的公司债务。

The issue is important if the young soil carbon market is to avoid the opposition directed at current carbon credit markets.

如果年轻的土壤碳市场想要避免当前碳信用市场面对的竞争者，这个问题就很重要。

Illiquidity in credit markets is enough of a problem.

信贷市场的流动性不足已经是个问题了。

I'm here to give a little primer on something called the private credit market.

我来这里是为了简单介绍一下私人信贷市场。

In September, Lehman Brothers, the nation's fourth-largest investment bank, sought protection in bankruptcy court. Its failure only deepened the fears in credit markets.

今年9月，美国第四大投资银行雷曼兄弟公司向破产案法庭寻求保护。它的失败只会加深信贷市场的担忧。

And what Chris told me is that the lenders in the private credit market are investment funds.

克里斯告诉我的是，私人信贷市场的贷款人是投资基金。

Although clouds are now gathering in credit markets, distressed-debt investors will not have things all their own way.

尽管现在信贷市场乌云密布，但不良债务投资者不会随心所欲。