Loading market view
Loading market view
Loading correlations
Correlation
of values
-44%
In sync
of periods
57%
History
daysdays · through 2026-06-05
12,500
These move in the same direction about 57% of the time
Their swing sizes loosely mirror each other (~19% of the pattern is shared).
A faint pattern — interesting as colour, not strong enough to act on alone.
Both lines start at the same point — easy to compare when growth rates are similar.
Advanced
Statistics
In sync(i)
56.9%
Headline metric
Movement correlation(i)
-44%
Based on values
95% CI
-45% → -42%
Pipeline
Pipeline Summary
12,500 paired data points survived the daily window.
Raw input
12,501
16,092
Normalized
12,501
16,092
Prepared
12,501
16,092
Aligned
12,500
12,500
Invalid removed
Likely range of correlation
R²(i)
19.2%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
12,500
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
-44%
No shift — both series at their actual dates.
12,500 overlapping points at this shift
Baseline
-44%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
-44%
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
3,593
A: 1 / B: 3592
Series A
10Y-2Y Yield Spread
T10Y2Y
FRED · 12,501 raw → 12,501 prepared
Series B
5Y Treasury Yield
DGS5
FRED · 16,092 raw → 16,092 prepared
Sign agreement
83.6%
How often both values share the same sign.
Zero crossings
95
Estimated crossover points between normalized spreads.
Slope
-1.6556
Linear regression slope.
Intercept
6.7988
Linear regression intercept.
Saved last month · ID: fred-dgs5_fred-t10y2y_daily_5y