The S&P 500’s ‘biggest risk’ is companies’ ‘debt refi wall’ as bond yields top 5%

September 25, 2026 at 10:30 AM

Good morning. On Fortune’s radar today:

Temu axes $1 billion army of fake Meta accounts.
Companies face ‘debt refi wall’ as rates go over 5%.
Markets: Bond drama.
Ominous signal: Air passenger numbers go into decline.
Unemployment at three-year low.
Should you put your nanny in charge of your VC fund? No. Obviously not.

This story was originally featured on Fortune.com

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