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Correlation
of values
+24%
In sync
of periods
53%
History
monthsmonths · through 2026-04
280
These move in the same direction about 53% of the time
Their swing sizes only faintly line up (~6% of the pattern is shared).
Roughly random — these don't track each other in a meaningful way.
Both lines start at the same point — easy to compare when growth rates are similar.
What to Watch
Sticky Price CPI moves ~18 months before 10Y Real Yield
Watch Sticky Price CPI for an early read on 10Y Real Yield.
Holds in both up and down markets
The relationship is similar whether prices are rising or falling — reliable in both directions.
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)
53.4%
Headline metric
Movement correlation(i)
+24%
Based on values
95% CI
+12% → +34%
Likely range of correlation
Pipeline
Pipeline Summary
280 paired data points survived the monthly window.
Raw input
5,861
700
Normalized
5,861
700
Prepared
282
700
Aligned
280
280
Invalid removed
R²(i)
5.6%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
280
Robust
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
+50%
+26% stronger than no-shift baseline
Sticky Price CPI shifted 18 months later. Reads: "Does 10Y Real Yield today line up with Sticky Price CPI 18 months ago?"
262 overlapping points at this shift
Baseline
+24%
No-shift correlation, matching the main time-series chart above.
Peak shift
-18 months
+50%
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
+48%
53 periods · Return correlation when both series rose
Both Falling
+38%
65 periods · Return correlation when both series fell
Diverging
-52%
101 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
422
A: 2 / B: 420
Series A
10Y Real Yield
DFII10
FRED · 5,861 raw → 282 prepared
Series B
Sticky Price CPI
CORESTICKM159SFRBATL
FRED · 700 raw → 700 prepared
Sign agreement
83.9%
How often both values share the same sign.
Zero crossings
14
Estimated crossover points between normalized spreads.
Slope
0.2648
Linear regression slope.
Intercept
2.3787
Linear regression intercept.
Saved last month · ID: fred-corestickm159sfrbatl_fred-dfii10_monthly_5y