Sen. Chuck Grassley, a top Republican on the Senate Budget Committee, warned Thursday that President-elect Donald Trump's choice for budget director could face "problems" getting confirmed to the post because of his failure to pay taxes on a household employee.
China and Japan sold a large amount of U.S. Treasury bonds in November. It's not just a reaction to Donald Trump and possible stimulus though. They have been selling bonds for months. If this continues, rates could creep even higher.
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