jeremy hunter says the nation is not yet at the finish line in its fight against inflation as today's figure puts wage growth ahead headline inflation. the latest cpi print has overnight swap rates pricing and at an almost 90% chance the bank of england will hike rates again by 25 basis points at its september meeting and just over a 10% chance of a half percent inflation point. that is 50 basis point increase. now, this is the reaction we are getting across the income curve today. interesting. we have two-year yields stronger on the day. 5.10 is where we are at. 5.1%. the markets are pricing in at this rate just north of 6%. a lot of the upward movement in yields we saw happened yesterday after very hot wage growth numbers. the two-year yield is tracking 10 basis points higher. further down the curve we continue to see more selling off. yields are moving higher today. we have that tenure guilds also trading at the same level, 4.6. on the week, tenure guilds are about 20 basis points higher. we have traveled a long way indeed and you can see that with the price of where it is trading,

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this news comes as that investigation into his son hunter hunter biden ramps up again. cnn's jeremyere any sense in the white house that signals how the administration feels about these investigations and these looming legal issues? >> there's no question that this white house is entering a really critical period right now in terms of both the congressional and the judicial investigations confronting the president, his family, and his administration. and there's a recognition inside the white house of that very fact, and that's why a source familiar with siskel's selection told me that his experience in managing those congressional investigations by house republicans in 2011 and 2012 into the benghazi investigation, that that was viewed as an asset and a key reason for his selection here because keep in mind, president biden is not only facing that special counsel investigation into his handling of classified documents. his son, hunter biden, is also facing a special counsel investigation now as of a few days ago as that investigation evolved. and more broadly, house republicans who