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SILVER

* Silver trading range for the day is 68166-71092.

* Silver prices dropped as Treasury yields continue to soar amid prospects of a swift economic recovery

* Fed's chief heightened in its semi-annual report to Congress the importance of keeping monetary policy extremely easy for the foreseeable future to support the US economy

* Euro zone bond yields continued their rise as investors position for a sustained global recovery.

* Yields on the 10-year U.S. Treasury note rose 3 basis points to its highest level in a year amid recovery bets and prospects for more U.S. stimulus.

SELL SILVER MAR 2021 @ 69600 SL 70100 TGT 69100-68600.MCX

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