Markets Might Have Overreacted to Fed's Signals

U.S. Treasury markets reacted to the Fed’s signal of a slower pace of rate cuts ahead with selloffs. Pepperstone said it feels as if markets have overreacted to Fed Chair Powell’s message.

U.S. Treasury markets reacted to the Fed’s signal of a slower pace of rate cuts ahead with selloffs. Pepperstone said it feels as if markets have overreacted to Fed Chair Powell’s message.