Loading market view
Loading market view
Loading correlations
Correlation
of values
+51%
In sync
of periods
66%
History
daysdays · through 2026-06-05
5,861
These move in the same direction about 66% of the time
Their swing sizes loosely line up (~26% 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.
Advanced
Statistics
In sync(i)
65.8%
Headline metric
Movement correlation(i)
+51%
Based on values
95% CI
+49% → +53%
Pipeline
Pipeline Summary
5,861 paired data points survived the daily window.
Raw input
12,500
5,862
Normalized
12,500
5,862
Prepared
12,500
5,862
Aligned
5,861
5,861
Invalid removed
Likely range of correlation
R²(i)
26.4%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
5,861
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: -6 to 6 days.
Selected shift
No shift
Correlation at this shift
+51%
No shift — both series at their actual dates.
5,861 overlapping points at this shift
Baseline
+51%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
+51%
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
6,640
A: 6639 / B: 1
Series A
2Y Treasury Yield
DGS2
FRED · 12,500 raw → 12,500 prepared
Series B
5Y Breakeven Inflation
T5YIE
FRED · 5,862 raw → 5,862 prepared
Sign agreement
99.0%
How often both values share the same sign.
Zero crossings
82
Estimated crossover points between normalized spreads.
Slope
0.1801
Linear regression slope.
Intercept
1.5973
Linear regression intercept.
Saved last month · ID: fred-dgs2_fred-t5yie_daily_5y