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Correlation
of values
+97%
In sync
of periods
72%
History
monthsmonths · through 2026-06
534
These move in the same direction about 72% of the time
When one swings, the other almost always swings by a closely matched amount (~95% of the pattern is shared).
Strong enough to use as a signal — check the stability and regime notes below before relying on it.
Both lines start at the same point — easy to compare when growth rates are similar.
What to Watch
Holds in both up and down markets
The relationship is similar whether prices are rising or falling — reliable in both directions.
Advanced
Statistics
In sync(i)
72%
Headline metric
Movement correlation(i)
+97%
Based on values
95% CI
N/A
Likely range
Pipeline
Pipeline Summary
534 paired data points survived the monthly window.
Raw input
12,519
534
Normalized
12,519
534
Prepared
602
534
Aligned
534
534
Invalid removed
95%
Variance explained
Significance
N/A
Statistical confidence
Data points(i)
534
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
+97%
No shift — both series at their actual dates.
534 overlapping points at this shift
Baseline
+97%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
+97%
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
+35%
23 periods · Return correlation when both series rose
Both Falling
+55%
27 periods · Return correlation when both series fell
Diverging
-60%
15 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
68
A: 68 / B: 0
Series A
2Y Treasury Yield
DGS2
FRED · 12,519 raw → 602 prepared
Series B
10-Year Real Interest Rate
REAINTRATREARAT10Y
FRED · 534 raw → 534 prepared
Sign agreement
95.3%
How often both values share the same sign.
Zero crossings
14
Estimated crossover points between normalized spreads.
Slope
0.5447
Linear regression slope.
Intercept
0.0373
Linear regression intercept.
Saved 3 months ago · ID: fred-dgs2_fred-reaintratrearat10y_monthly_5y