| three interest rate hikes in 2022 for | 4.4 | Jump to 10.48 |  |  | 
              
                
                  | joining us i first want to get your | 3.12 | Jump to 20.56 |  |  | 
              
                
                  | tight labor market six tenths over one | 4.64 | Jump to 47.12 | 
                      
                        
                      
                        CARDINAL
                      
                      
                        six tenths over one
                      
                     |  | 
              
                
                  | well first of all thanks for having me | 3.92 | Jump to 65.84 |  |  | 
              
                
                  | back i appreciate it uh you know one | 4.24 | Jump to 67.52 |  |  | 
              
                
                  | coming out and saying that perhaps three | 4.32 | Jump to 120.96 |  |  | 
              
                
                  | tightenings in 2022 which when you go | 4.801 | Jump to 122.719 |  |  | 
              
                
                  | back six or nine months ago that's quite | 4.0 | Jump to 125.28 | 
                      
                        
                      
                        DATE
                      
                      
                        six or nine months ago
                      
                     |  | 
              
                
                  | market reaction the market you know 20 | 4.08 | Jump to 131.44 |  |  | 
              
                
                  | so first and foremost it will be that | 4.159 | Jump to 183.36 |  |  | 
              
                
                  | this year up about one and a half | 4.319 | Jump to 212.0 | 
                      
                        
                      
                        CARDINAL
                      
                      
                        about one and a half
                      
                     |  | 
              
                
                  | expect more tightening beyond the three | 4.64 | Jump to 226.4 |  |  | 
              
                
                  | they're talking about in 2022 | 4.481 | Jump to 228.799 |  |  | 
              
                
                  | as we head into 2022 even with these | 4.481 | Jump to 247.599 |  |  | 
              
                
                  | this rate of inflation is five percent | 4.639 | Jump to 271.28 |  |  | 
              
                
                  | or four percent or three percent those | 4.88 | Jump to 273.68 |  |  | 
              
                
                  | particularly out through five to seven | 4.079 | Jump to 280.56 |  |  | 
              
                
                  | in the 15-year part of the curve you'll | 4.16 | Jump to 290.16 |  |  | 
              
                
                  | it was about maybe five six years ago we | 3.761 | Jump to 350.639 |  |  | 
              
                
                  | 30 40 50 cents on the dollar actually | 4.961 | Jump to 391.199 |  |  |