BofA says record-high diesel is a ‘real-economy pressure point’ that's flashing a warning

Diesel prices in the United States reached $6 per gallon for the first time on Friday, following a surge in oil prices. Bank of America has warned that these record-high diesel costs represent a "real-economy pressure point" that could have widespread economic impact. According to GasBuddy, the high prices will affect every cargo, shipment, and delivery across the country. The warning comes as investors focus on rising bond yields, but BofA suggests the diesel price surge is a more immediate concern.

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