Index NameCorrelation
Barclays US Aggregate Government – Treasury Index (Gross)0.510.51
Barclays Euro Government Bond Index (Gross)0.870.87
FTSE UK Gilts (All) Government Total Return Index (Gross)0.660.66

Source: FactSet, representing 10-year correlations between Barclays Global Aggregate Bond Index and the listed indice. Correlation measures the degree to which two investments move in tandem. Correlation will range between 1.00 (perfect positive correlation; where two items historically always moved in the same direction) and -1.00 (perfect negative correlation; where two items historically always moved in opposite directions).