Loading market view
Loading market view
Loading correlations
Correlation
of values
+60%
In sync
of periods
58%
History
monthsmonths · through 2026-05
35
These move in the same direction about 58% of the time
Their swing sizes loosely line up (~36% of the pattern is shared).
A real but noisy link — useful as context, risky as a standalone signal.
Both lines start at the same point — easy to compare when growth rates are similar.
What to Watch
Slipping looser
The recent pattern is looser than its long-run baseline — keep an eye on whether this sticks.
ICE BofA BBB US Corporate Index Option-Adjusted Spread moves ~18 months before Personal Savings Rate
Watch ICE BofA BBB US Corporate Index Option-Adjusted Spread for an early read on Personal Savings Rate.
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%
Headline metric
Movement correlation(i)
+60%
Based on values
95% CI
N/A
Pipeline
Pipeline Summary
35 paired data points survived the monthly window.
Raw input
785
809
Normalized
785
809
Prepared
37
809
Aligned
35
35
Invalid removed
Likely range
R²(i)
36%
Variance explained
Significance
N/A
Statistical confidence
Data points(i)
35
Thin
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
+91%
+31% stronger than no-shift baseline
Personal Savings Rate shifted 18 months earlier. Reads: "Does ICE BofA BBB US Corporate Index Option-Adjusted Spread today line up with Personal Savings Rate 18 months from now?"
17 overlapping points at this shift
Baseline
+60%
No-shift correlation, matching the main time-series chart above.
Peak shift
+18 months
+91%
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
N/A
4 periods · Return correlation when both series rose
Both Falling
+29%
14 periods · Return correlation when both series fell
Diverging
-48%
16 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
776
A: 2 / B: 774
Series A
ICE BofA BBB US Corporate Index Option-Adjusted Spread
BAMLC0A4CBBB
FRED · 785 raw → 37 prepared
Series B
Personal Savings Rate
PSAVERT
FRED · 809 raw → 809 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
5
Estimated crossover points between normalized spreads.
Slope
2.8125
Linear regression slope.
Intercept
1.6073
Linear regression intercept.
Saved 3 months ago · ID: fred-bamlc0a4cbbb_fred-psavert_monthly_5y