Boehner Declaring No Debt Crisis Revealed in Lending Data

The bear market in bonds is being delayed by Americans socking away money at 50 times the rate at which they take on debt to buy houses, cars and other items.

The amount U.S. households have in bank deposits, savings bonds, fixed-income mutual-funds and municipal securities increased $500 billion last year, equaling the most since 2007, according to FTN Financial, based on Federal Reserve data, while net household debt increased $10 billion, the least since 2005, as the economy grows slower than historically.