Slow demand for Treasuries?

This is a rate of change vs. level problem, and year/year figures are conspicuously absent.

WASHINGTON (MarketWatch) -- Net foreign purchases of U.S. long-term securities grew at a slower pace in December, while China lost the spot of top foreign holder of U.S. debt, the Treasury Department said Tuesday.

Total foreign holdings of equities, notes and bonds increased a net $63.3 billion in December. This is down from $126.4 billion in the previous month.

Analysts said foreign appetite for Treasurys remained healthy. Foreigners also increased their purchases of equities. Demand for corporate debt remained weak.