Companies are about to find out just how much investors want—or don't want—to buy their bonds.

Many corporations have largely been scared away from raising money in the U.S. debt market for the past two months, waiting for turmoil in the commodities, equity, and currency markets to subside.

But stocks and oil prices are still incredibly jumpy, China's economy still appears to be slowing, and the interest-rate environment is still unsettled. The window is narrowing for companies that need to raise a lot of cash to pay for acquisitions they've announced as well as anything else they may want to buy, including their own shares.

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