You can do the back-yard engineers method of drawing this.
Put a loop on a piece of string, and tie the string to a nail with the string being 36" long.
Place a drawing pad down and swing the string across it with a pencil in the loop. You now have a 36" radius arc.
Draw a 2" chord. That is one side of the steel bar.
Draw a tangent parallel to the chord. That is the bar of steel's other side.
Connect the tangent to the chord. That is your theoretical 2" bar of steel.
If you measure the distance from the chord to the tangent, that is the minimum thickness possible. Since you can't have a blade that is 0.0" thick at the center of the hollow grind, you will have to add at least .02" to the thickness. I would add a bit more, to allow for the steel removed after HT. This final number is the minimum bar thickness possible to maker that grind from.
I haven't done the math exactly, but in my head, it seems like a 2"X5/32" bar would work for a 36" radius full hollow grind. My head math says that is about .02" thicker than the web. 3/16" would be safer, but with careful grinding, 5/32" should just do it.
Options:
If you want to stay with the .125" steel, just do a partial hollow grind from the edge area to about 1/2 or 3/4 the way up the back.
Or you could do the more traditional method of doing the hollow grind down the middle of the back, and leaving 1/4 of the back unground on each side of the hollow down the center.