Abate Says Fed Trying to Improve Risk Management (Audio)

Aug. 7 (Bloomberg) -- Joe Abate, money-market strategist at Barclays Capital Inc., says the Federal Reserve is trying to improve its risk management in the tri-party repo market to keep investors from fleeing the market when it deteriorates. Abate speaks with Bloomberg's Carol Massar and Michael McKee on "Bloomberg On the Economy." (Source: Bloomberg)
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