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Correlation
of values
+76%
In sync
of periods
54%
History
monthsmonths · through 2026-04
599
These move in the same direction about 54% of the time
When one swings, the other often swings by a similar amount (~57% 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.
What to Watch
Tighter in drawdowns
The relationship is stronger when both prices are falling than when both are rising — typical risk-off behaviour.
Advanced
Statistics
In sync(i)
53.8%
Headline metric
Movement correlation(i)
+76%
Based on values
95% CI
+72% → +79%
Likely range of correlation
Pipeline
Pipeline Summary
599 paired data points survived the monthly window.
Raw input
12,500
700
Normalized
12,500
700
Prepared
601
700
Aligned
599
599
Invalid removed
R²(i)
57.4%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
599
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
No shift
Correlation at this shift
+76%
No shift — both series at their actual dates.
599 overlapping points at this shift
Baseline
+76%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
+76%
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%
14 periods · Return correlation when both series rose
Both Falling
+80%
14 periods · Return correlation when both series fell
Diverging
-70%
18 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
103
A: 2 / B: 101
Series A
2Y Treasury Yield
DGS2
FRED · 12,500 raw → 601 prepared
Series B
Sticky Price CPI
CORESTICKM159SFRBATL
FRED · 700 raw → 700 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
10
Estimated crossover points between normalized spreads.
Slope
0.5294
Linear regression slope.
Intercept
1.3587
Linear regression intercept.
Saved last month · ID: fred-corestickm159sfrbatl_fred-dgs2_monthly_5y