Watching the dollar's reaction to recent CPI data

The latest CPI print, while not a shock, seems to be solidifying the 'higher for longer' narrative for rates, which naturally keeps a bid under the dollar. I'm noting how this is playing out across commodities; $SLV is down -3.45% today at 52.06, suggesting the flight to safety trade isn't quite as potent when real yields are moving up. This dynamic has me thinking about my broader watchlist, particularly how it affects my outlook for growth-sensitive assets versus more defensive plays moving into Q4.