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Correlation
of values
-62%
In sync
of periods
48%
History
daysdays · through 2026-09-04
5,141
These move in the same direction about 48% of the time
When one swings, the other often swings by a similar amount in the opposite direction (~38% of the pattern is shared).
Roughly random — these don't track each other in a meaningful way.
Both lines start at the same point — easy to compare when growth rates are similar.
Advanced
Statistics
In sync(i)
48%
Headline metric
Movement correlation(i)
-62%
Based on values
95% CI
-64% → -60%
Pipeline
Pipeline Summary
5,141 paired data points survived the daily window.
Raw input
11,173
5,184
Normalized
11,173
5,184
Prepared
11,173
5,184
Aligned
5,141
5,141
Invalid removed
Likely range of correlation
R²(i)
38%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points(i)
5,141
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
-62%
No shift — both series at their actual dates.
5,141 overlapping points at this shift
Baseline
-62%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
-62%
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
6,075
A: 6032 / B: 43
Series A
10Y-3M Yield Spread
T10Y3M
FRED · 11,173 raw → 11,173 prepared
Series B
US Dollar Index
DTWEXEMEGS
FRED · 5,184 raw → 5,184 prepared
Sign agreement
80.9%
How often both values share the same sign.
Zero crossings
11
Estimated crossover points between normalized spreads.
Slope
-6.8797
Linear regression slope.
Intercept
120.4998
Linear regression intercept.
Saved 4 months ago · ID: fred-dtwexemegs_fred-t10y3m_daily_5y