If the yields for 1 -year T-bill and 2-year T-note are 2% and 3.5%, respectively, with the real interest rate @1\%,, then inflation expectation will double (100%) over the next 2 years inflation expectation will quadruple (300\%) over the next 2 years inflation expectation will increase by 75% over the next 2 years inflation expectation will triple (200%) over the next 2 years