SeriesMagCorrSyncOverlapThrough
Correlation
-32%
of values
In sync
58%
of periods
History
244
months · through 2026-04
These move opposite each other about 58% of the time
Their swing sizes only faintly mirror each other (~10% of the pattern is shared).
A faint pattern — interesting as colour, not strong enough to act on alone.
Time Series
Both lines start at the same point — easy to compare when growth rates are similar.
What to Watch
Aaa Corporate Bond Yield moves ~18 months before US Dollar Index
Watch Aaa Corporate Bond Yield for an early read on US Dollar Index.
Decouples in drawdowns
The relationship weakens when both prices are falling — don't count on this pair as a hedge under stress.
Flips between sync and inverse
Sometimes the two move together, sometimes opposite. Don't treat this as a stable signal.
Advanced
Statistics
In sync(i)
58.1%
Headline metric
Movement correlation(i)
-32%
Based on values
95% CI
-42% → -20%
Likely range of correlation
Pipeline
Pipeline Summary
244 paired data points survived the monthly window.
Raw input
1,288
5,092
Normalized
1,288
5,092
Prepared
1,288
244
Aligned
244
244
Invalid removed
Explore
Top 5 by absolute correlation
Ranked across both sides of this comparison using the same dense row format as the single-symbol correlations view.
R²(i)
10.0%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
244
Usable
Time-Shifted Correlation
See how correlation changes when one series is offset in time. A taller bar at a non-zero shift means the two move together better when one leads the other — that's a potential lead/lag signal.
Correlation by shift
Click a bar to inspect. Range: -18 to 18 months.
Selected shift
+18 months
Correlation at this shift
-52%
+20% stronger than no-shift baseline
US Dollar Index shifted 18 months earlier. Reads: "Does Aaa Corporate Bond Yield today line up with US Dollar Index 18 months from now?"
226 overlapping points at this shift
Baseline
-32%
No-shift correlation, matching the main time-series chart above.
Peak shift
+18 months
-52%
A non-zero peak suggests one series lines up better when shifted against the other.
Stability
How the correlation evolves over time. A stable line means the relationship is reliable; large swings signal regime-dependent behavior.
Do They Crash Together?
How these series behave when markets are rising, falling, or diverging. A correlation that holds in drawdowns is very different from one that only works in rallies.
Both Rising
+43%
62 periods · Return correlation when both series rose
Both Falling
+9%
75 periods · Return correlation when both series fell
Diverging
-54%
106 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
1,044
A: 1044 / B: 0
Series A
Aaa Corporate Bond Yield
AAA
FRED · 1,288 raw → 1,288 prepared
Series B
US Dollar Index
DTWEXEMEGS
FRED · 5,092 raw → 244 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
1
Estimated crossover points between normalized spreads.
Slope
-4.7582
Linear regression slope.
Intercept
132.7338
Linear regression intercept.
Saved yesterday · ID: fred-aaa_fred-dtwexemegs_5y