There are doubts that banks, in the current environment, will jump to buy such long-term paper, given the increased risks in holding Spanish debt.
The most egregious reason for the waste of interest money: the Treasury's obstinate refusal to put traditional call options on its long-term paper.
The extreme excess yield for the credit barbell is gone, but investors can still pick up 10 to 15 extra basis points if they buy a barbell (the combination of short- and long-term paper) rather than the bullet (the middle-of-the-curve paper).
But, long term, the paper's acronym, SoS, surely stands for Save Our Sun.
During the past few months, yields on long term muni paper went through the roof, from 4.75% to 6.5%.
It'll take a bit of effort on the front end but over the long term, the paper savings can be substantial.
We want to evolve [Internet protocol] in ways that will work for the long term, not just paper over the cracks," she says.
Given the particular vulnerability of youth to uptake of alcohol as well as the resulting short and long term consequences, the paper concludes by focusing on the implications of the findings for youth alcohol harm reduction.
This paper builds on paper "Long term operation of nuclear power plants – IAEA SALTO peer review service and its results", NED8070, presented in Nuclear Engineering and Design in September 2014.
Still, there is no sign that Mon Quotidien and its sister papers breed long-term newspaper readers.
The biggest issue now is how we legislate for the kind of immediate action that will make any long term targets worth the paper they're written on.
