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Correlation
of values
-38%
In sync
of periods
47%
History
monthsmonths · through 2026-04
280
These move in the same direction about 47% of the time
Their swing sizes only faintly mirror each other (~15% 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.
What to Watch
10Y Breakeven Inflation moves ~8 months before Personal Savings Rate
Watch 10Y Breakeven Inflation for an early read on Personal Savings Rate.
Holds in both up and down markets
The relationship is similar whether prices are rising or falling — reliable in both directions.
Flips between sync and inverse
Sometimes the two move together, sometimes opposite. Don't treat this as a stable signal.
Advanced
Statistics
In sync(i)
46.8%
Headline metric
Movement correlation(i)
-38%
Based on values
95% CI
-48% → -28%
Likely range of correlation
Pipeline
Pipeline Summary
280 paired data points survived the monthly window.
Raw input
5,862
808
Normalized
5,862
808
Prepared
282
808
Aligned
280
280
Invalid removed
R²(i)
14.8%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
280
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
+8 months
Correlation at this shift
-45%
+6% stronger than no-shift baseline
Personal Savings Rate shifted 8 months earlier. Reads: "Does 10Y Breakeven Inflation today line up with Personal Savings Rate 8 months from now?"
272 overlapping points at this shift
Baseline
-38%
No-shift correlation, matching the main time-series chart above.
Peak shift
+8 months
-45%
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
+8%
52 periods · Return correlation when both series rose
Both Falling
-18%
40 periods · Return correlation when both series fell
Diverging
-34%
127 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
530
A: 2 / B: 528
Series A
10Y Breakeven Inflation
T10YIE
FRED · 5,862 raw → 282 prepared
Series B
Personal Savings Rate
PSAVERT
FRED · 808 raw → 808 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
22
Estimated crossover points between normalized spreads.
Slope
-3.2719
Linear regression slope.
Intercept
12.6843
Linear regression intercept.
Saved last month · ID: fred-psavert_fred-t10yie_monthly_5y