US DATA: Q4 Flow of Funds show domestic nonfinancial debt +1.6% vs +2.9%
in Q3. The slowing was due to drops in household and business debt.
Household net worth was $54.2T trillion at end-Q4, up $0.7T. US Tsys
data show almost $955b net issuance (annual rate), of which foreign
accts bought almost half at $460b, mutual funds $154b, dealers $53.7b,
banks $31.3b, pvt pension funds $33.6b. Households took $214.3b.