🔴 SLV (Commodities Focused ETF) is trading 7.5% down today on hot PPI data and hawkish Fed rate projections

SLV is trading 7.5% down today as hotter-than-expected inflation data and a hawkish Federal Reserve outlook pressure precious metals.

• February PPI data reached 0.7% versus a 0.3% forecast, pushing 10-year Treasury yields to 4.224% and stoking inflation fears.
• The Federal Reserve signaled only one rate cut for 2026, citing Middle East energy shocks as a primary driver for persistent price pressures.
• Rising yields and a hawkish monetary stance have amplified the selloff in non-yielding commodities like silver.