Loading market view
Loading market view
Loading correlations
Correlation
of values
+86%
In sync
of periods
58%
History
monthsmonths · through 2026-06
864
These move in the same direction about 58% of the time
When one swings, the other almost always swings by a closely matched amount (~74% of the pattern is shared).
A faint pattern — interesting as colour, not strong enough to act on alone.
On a log scale so equal % moves take equal vertical space — best when one series has grown much faster than the other.
Advanced
Statistics
In sync(i)
58%
Headline metric
Movement correlation(i)
+86%
Based on values
95% CI
N/A
Pipeline
Pipeline Summary
864 paired data points survived the monthly window.
Raw input
864
1,290
Normalized
864
1,290
Prepared
864
1,290
Aligned
864
864
Invalid removed
Likely range
R²(i)
74%
Variance explained
Significance
N/A
Statistical confidence
Data points(i)
864
Deep
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
No shift
Correlation at this shift
+86%
No shift — both series at their actual dates.
864 overlapping points at this shift
Baseline
+86%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
+86%
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
+88%
5 periods · Return correlation when both series rose
Both Falling
N/A
3 periods · Return correlation when both series fell
Diverging
N/A
4 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
426
A: 0 / B: 426
Series A
Fed Funds Rate
FEDFUNDS
FRED · 864 raw → 864 prepared
Series B
Aaa Corporate Bond Yield
AAA
FRED · 1,290 raw → 1,290 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
47
Estimated crossover points between normalized spreads.
Slope
0.6572
Linear regression slope.
Intercept
3.5084
Linear regression intercept.
Saved 3 months ago · ID: fred-aaa_fred-fedfunds_monthly_5y