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Correlation
of values
-17%
In sync
of periods
48%
History
weeksweeks · through 2026-21
2,608
These move in the same direction about 48% of the time
Their swing sizes only faintly mirror each other (~3% of the pattern is shared).
Roughly random — these don't track each other in a meaningful way.
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)
48.3%
Headline metric
Movement correlation(i)
-17%
Based on values
95% CI
-21% → -13%
Pipeline
Pipeline Summary
2,608 paired data points survived the weekly window.
Raw input
12,500
3,099
Normalized
12,500
3,099
Prepared
2,610
3,099
Aligned
2,608
2,608
Invalid removed
Likely range of correlation
R²(i)
2.8%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
2,608
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: -12 to 12 weeks.
Selected shift
No shift
Correlation at this shift
-17%
No shift — both series at their actual dates.
2,608 overlapping points at this shift
Baseline
-17%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
-17%
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.
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
493
A: 2 / B: 491
Series A
2Y Treasury Yield
DGS2
FRED · 12,500 raw → 2,610 prepared
Series B
Continued Jobless Claims
CCSA
FRED · 3,099 raw → 3,099 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
43
Estimated crossover points between normalized spreads.
Slope
-75032.6871
Linear regression slope.
Intercept
3247888.8643
Linear regression intercept.
Saved last month · ID: fred-ccsa_fred-dgs2_weekly_5y