Compare indicators
Each line rebased to 100 where the shared window begins — growth from a common base, not levels.
Each series rebased to 100 at Jun 1976. treasury_10y2y, fed_funds_rate · read from cache, latest-revised.
- 10Y-2Y Treasury Spread
Gap between 10-year and 2-year Treasury yields.
The 10-year Treasury constant-maturity yield minus the 2-year, in percentage points.
- Federal Funds Rate
The interest rate the Fed sets to steer the economy.
Effective federal funds rate, monthly average.
Each measured on its own terms — compare the lenses, not just the lines. Full lessons → Learn
…and that proves nothing. Two lines moving together is not one moving the other. Almost any pair of trending economic series correlates highly — they share the same long climb of growth, prices, and population, or it is chance. r measures co-movement over this exact window, never cause. Change the range or swap a series and watch r move. Why correlation isn’t causation →