Correlation
of values
+48%
In sync
of periods
69%
History
daysdays · through 2026-04-30
5,836
These move in the same direction about 69% of the time
Their swing sizes loosely line up (~23% 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
Slipping looser
The recent pattern is looser than its long-run baseline — keep an eye on whether this sticks.
Tighter in drawdowns
The relationship is stronger when both prices are falling than when both are rising — typical risk-off behaviour.
Flips between sync and inverse
Sometimes the two move together, sometimes opposite. Don't treat this as a stable signal.
Explore
Advanced
Statistics
In sync(i)
69.3%
Headline metric
Movement correlation(i)
+48%
Based on values
95% CI
+46% → +50%
Likely range of correlation
Pipeline
Pipeline Summary
5,836 paired data points survived the daily window.
Raw input
5,837
16,067
Normalized
5,837
16,067
Prepared
5,837
16,067
Aligned
5,836
5,836
Invalid removed
R²(i)
23.1%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
5,836
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
+48%
No shift — both series at their actual dates.
5,836 overlapping points at this shift
Baseline
+48%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
+48%
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
+34%
103 periods · Return correlation when both series rose
Both Falling
+56%
98 periods · Return correlation when both series fell
Diverging
-40%
48 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
10,232
A: 1 / B: 10231
Series A
10Y Breakeven Inflation
T10YIE
FRED · 5,837 raw → 5,837 prepared
Series B
5Y Treasury Yield
DGS5
FRED · 16,067 raw → 16,067 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
46
Estimated crossover points between normalized spreads.
Slope
1.5968
Linear regression slope.
Intercept
-0.8389
Linear regression intercept.
Saved 6 days ago · ID: fred-dgs5_fred-t10yie_5y
Explore
Top 10 by absolute correlation
Ranked across both sides of this comparison using the same dense row format as the single-symbol correlations view.