So we are seeing some funny moves in Treasuries, particularly short dated Treasuries.

因此，我们看到国债出现了一些有趣的走势， 尤其是短期国债。

Short dated Treasury yields reflect expectations of where interest rates will be in the future.

短期国债收益率反映了对未来利率水平的预期。

When the curve is inverted like it is right now, it means yields on short dated bonds are higher than yields on longer dated bonds.

当曲线像现在这样倒转时，这意味着短期债券的收益率高于长期债券的收益率。