GIVEN from Daily Treasury Real Yield Curve Rates

DATE	5 YR	7 YR	10 YR	20 YR	30 YR
09/10/20	-1.28	-1.17	-1.01	-0.62	-0.36

GIVEN FROM Daily Treasury Yield Curve Rates

Date

1 Mo

2 Mo

3 Mo

6 Mo

1 Yr

2 Yr

3 Yr

5 Yr

7 Yr

10 Yr

20 Yr

30 Yr

09/10/20

0.10

0.11

0.12

0.12

0.15

0.14

0.17

0.26

0.46

0.68

1.22

1.43

Use the appropriate 10-year interest rate data to calculate the current expected inflation premium on average into the future

Using the 1 year, 2 year and three year data from the Daily Treasury Yield Curve Rates data, calculate the two forward rates (FWD) for a one-year investment one year from now AND the one-year investment two years from now.Use the appropriate 10-year interest rate data to calculate the current expected inflation premium on average into the future:

Given your current spot rate and the two FWD rates calculated, provide an estimate of expected inflation for each of these three years if the real rate is expected to be 1.8%.