Default schema/library for CREATE TABLE

Okay, this one has me scratching my head.

I've always used a prepared statement to create tables, but I wanted to try using the current schema this time.  Basically I'm creating a summary table for extract, and I wanted to it like this:

SET SCHEMA = :newSchema;
CREATE TABLE NEWTABLE AS (SELECT ...) WITH DATA;
SET SCHEMA = DEFAULT;

This seems pretty straightforward.  When I do it in STRSQL and hardcode the library name, everything works fine.  But when I do this in an embedded SQL program the file is always created in QGPL.

I went so far as to do this:

SET SCHEMA = :newSchema;
SET :curSchema = CURRENT_SCHEMA;
CREATE TABLE NEWTABLE AS (SELECT ...) WITH DATA;
SET SCHEMA = DEFAULT;

I thought maybe the current schema was getting reset somehow, but the variable curSchema ends up with the same value as newSchema. But the new table still ends up in QGPL.

Any idea what I'm missing?