🔴 SLV is trading 7.4% down today on hot PPI data, surging yields, and a hawkish Fed outlook

SLV is trading 7.4% down today as hotter-than-expected inflation data and a hawkish Federal Reserve stance pressure precious metals.

• February PPI rose 0.7% versus the 0.3% expected, pushing 10-year Treasury yields to 4.224% and increasing pressure on non-yielding assets.
• The Federal Reserve held rates at 3.50%-3.75% on March 18, signaling just one cut for 2026 amid Middle East energy shocks.
• The combination of rising yields and a hawkish central bank outlook has fueled a broad risk-off selloff across the commodities market.