Fed Raises Rates, Yields Hit 2007 Highs as Fuel Costs Set Records: This Week On Wall Street
The Fed hiked for the first time since 2023; the 10-year yield touched 5.04%, and record diesel prices hit truckers and automakers.
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GM fell 5.2% Friday to $82.20, its steepest drop since July 2025, as record diesel and 2007-high yields squeeze Detroit.
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