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