🔴 SLV is trading 6.1% down today on hot PPI data and rising Treasury yields

SLV is trading 6.1% down today following hotter-than-expected inflation data and a hawkish Federal Reserve outlook.

• February PPI rose 0.7% versus a 0.3% forecast, fueling inflation fears and pushing 10-year Treasury yields to 4.224%.
• The Federal Reserve maintained interest rates at 3.50%-3.75% while signaling a hawkish stance due to persistent geopolitical risks.
• Pre-market trading on March 19 indicates continued downward pressure, with shares falling to $64.60 (-5.97%).