https://www.banqueducanada.ca/?p=202488
2-year rolling R² with both headline and non-headline surprises2-year rolling R² with both headline and non-headline surprises2-year rolling R² with both headline and non-headline surprises2-year rolling R² with both headline and non-headline surprises42.87690062.07460033.08290064.19300045.70520062.52150033.63940063.67330046.59470062.52520031.92230063.12790050.12590059.07000031.39390063.24660033.97280059.21290032.17850062.63210037.50210056.35250032.61440062.68710038.96410057.44480037.44500061.11900046.50940054.12270037.63900063.51400055.15870054.15000037.75580064.27290053.64000059.87090038.40260064.01370047.28960059.88090038.33630059.95860048.50600064.44010043.07250060.45750051.84280064.86100043.22720055.33620052.24960062.08310042.13460058.53210058.29490062.38560043.36640058.08990060.29620077.74330046.26880062.06140064.03810078.04730047.62970062.88720064.05200077.66050051.25480064.66460065.38670077.66260055.98100066.28970066.99030077.45950059.24030067.70780071.60260078.61970061.93390068.72320073.06870077.97000061.47940067.43420076.25910077.49520060.22750067.31570076.54050078.85330059.58020071.77980078.18090070.10580057.01220071.29910077.61980070.20900056.16800072.47350081.19000071.19970056.17970073.65260080.30960071.82810061.97570071.21300080.31910071.56460060.21420071.53890081.46880071.21700061.15710071.33150081.55900071.45570061.75860069.09650078.26410070.05620062.16990069.93030074.96220070.55810065.50030069.11210077.40400069.07430066.19050073.38480078.58200070.59120066.60220077.46080079.08810062.79870061.47900077.50640077.24160058.09030061.45020078.07170077.36470054.75320059.54260076.43070077.28660058.42890060.59110079.32760078.00020058.41990062.78760080.65040077.18750061.09230063.14700080.63990077.64930062.13800063.82680080.15760077.54650062.11020059.01910080.94600078.16330062.44060056.56270081.29100074.70280064.94930056.32530081.62950073.99570066.40480059.29910082.99900063.69030064.31590060.23550083.07000063.51330060.73630055.73560081.47030059.70570069.42990058.50640081.67890061.13280069.88790058.00980079.53910050.69460069.43060065.93390079.34740050.88290064.85900058.04900083.64870052.18570066.71260059.52580083.16020054.36860070.98330058.12800082.14760053.95300069.51700057.43850082.14990060.48670068.50630054.71980082.06500059.84400067.69470061.23410078.74330060.98150067.15000058.43520069.11800068.47490070.74600058.98950062.53090068.82400071.15010067.81670061.69350070.41790072.06980066.71100062.57700069.74880072.78420067.12120063.40700061.66530069.72300070.96070067.01530062.81830070.06180074.20490065.79220058.45050070.00570072.95210065.65610071.22280069.14560072.32590065.15930059.50290064.51260073.29220061.70640063.06380067.18100067.78330062.34040061.31680067.33190064.58570062.64940065.11170063.64520064.04330066.04630069.50580064.37180068.89540063.15630064.26350064.15700068.96500063.05020064.95230063.71290067.07950062.10390065.15860063.04310067.76840062.53900065.03640063.68570067.43640063.12380065.71520064.10780066.96080064.15630065.87670064.90960067.21510063.76280066.84720066.66770063.02710063.35100067.67850064.31680059.20920065.54820068.19790063.30970059.96410065.96210069.13690064.15490060.64490064.71530069.05360064.51530059.06620065.75150069.11880064.60160058.31830065.67360066.56550064.52130056.44230066.26760066.31200065.32270058.10620066.25250068.08410073.38900055.46790066.53170068.94030076.05170056.42950071.69610069.61360076.07370052.28600075.91270070.76080076.91550053.41470075.89740069.99600076.95920055.03120076.42230070.07910077.94560055.11730076.07030067.69320077.88620059.67870076.504800