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Correlation
of values
-66%
In sync
of periods
53%
History
monthsmonths · through 2026-04
772
These move in the same direction about 53% of the time
When one swings, the other often swings by a similar amount in the opposite direction (~44% 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)
53%
Headline metric
Movement correlation(i)
-66%
Based on values
95% CI
N/A
Pipeline
Pipeline Summary
772 paired data points survived the monthly window.
Raw input
16,111
1,000
Normalized
16,111
1,000
Prepared
775
1,000
Aligned
772
772
Invalid removed
Likely range
R²(i)
44%
Variance explained
Significance
N/A
Statistical confidence
Data points(i)
772
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: -18 to 18 months.
Selected shift
No shift
Correlation at this shift
-66%
No shift — both series at their actual dates.
772 overlapping points at this shift
Baseline
-66%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
-66%
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%
14 periods · Return correlation when both series rose
Both Falling
N/A
4 periods · Return correlation when both series fell
Diverging
-25%
12 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
231
A: 3 / B: 228
Series A
10Y Treasury Yield
DGS10
FRED · 16,111 raw → 775 prepared
Series B
Total Consumer Credit
TOTALSL
FRED · 1,000 raw → 1,000 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
1
Estimated crossover points between normalized spreads.
Slope
-346372.8449
Linear regression slope.
Intercept
3625101.2797
Linear regression intercept.
Saved 3 months ago · ID: fred-dgs10_fred-totalsl_monthly_5y