Correlation
of % moves
-88%
In sync
of periods
8%
History
daysdays · through 2026-04-30
1,242
These move opposite each other about 8% of the time
When one swings, the other almost always swings by a closely matched amount in the opposite direction (~78% of the pattern is shared).
Strong enough to use as a signal — check the stability and regime notes below before relying on it.
On a log scale so equal % moves take equal vertical space — best when one series has grown much faster than the other.
What to Watch
Unusual right now
Recently looser than usual — the pair is behaving differently than its long-run pattern.
Holds in both up and down markets
The relationship is similar whether prices are rising or falling — reliable in both directions.
Rock solid
The relationship barely changes from period to period — treat it as a reliable signal.
Explore
Advanced
Statistics
In sync(i)
7.8%
Headline metric
Movement correlation(i)
-88%
Based on % moves
95% CI
-90% → -87%
Likely range of correlation
Pipeline
Pipeline Summary
1,242 paired data points survived the daily window.
Raw input
12,297
1,255
Normalized
12,297
1,255
Prepared
12,297
1,255
Aligned
1,242
1,242
Invalid removed
R²(i)
78.1%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
1,242
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: -6 to 6 days.
Selected shift
No shift
Correlation at this shift
-88%
No shift — both series at their actual dates.
1,242 overlapping points at this shift
Baseline
-88%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
-88%
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
+33%
9 periods · Return correlation when both series rose
Both Falling
+51%
6 periods · Return correlation when both series fell
Diverging
-96%
234 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
11,068
A: 11055 / B: 13
Series A
30Y Treasury Yield
DGS30
FRED · 12,297 raw → 12,297 prepared
Series B
BND
Stock · 1,255 raw → 1,255 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
9
Estimated crossover points between normalized spreads.
Slope
-4.2023
Linear regression slope.
Intercept
91.4836
Linear regression intercept.
Saved 7 hours ago · ID: fred-dgs30_stock-bnd_5y
Explore
Top 10 by absolute correlation
Ranked across both sides of this comparison using the same dense row format as the single-symbol correlations view.