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Rajadhyaksha Says Risk to European Banks Is `Overblown'

August 25, 2011 1:11 PM EDT Aug. 25 (Bloomberg) -- Ajay Rajadhyaksha, head of U.S. fixed-income strategy at Barclays Capital, talks about U.S. exposure to European banks. Speaking from London with Andrea Catherwood on Bloomberg Television's "Last Word," he also discusses Federal Reserve policy. (Bloomberg)

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