A long-term issue due in 2006 was offered with a yield of 8.45 percent.
Prices of long-term issues were little changed on the day.
It is the most important long-term issue for the civic health of the republic.
"This is a long-term issue, and the people of Mississippi just need more time to get there."
Also, the window of opportunity for addressing the long-term issues was beginning to close.
The Greenspan mark will be made on long-term issues, where he must focus early.
There are long-term strategic issues that we need to keep in sight.
They do not lend themselves to discussion of long-term issues.
So over and above anything on our level is that long-term issue.
The Fed also bought long-term issues for its own account.