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This paper introduces a novel metric for determining the spatial decorrelation between the up- and down-link wireless bearers in frequency division duplex (FDD) networks. This metric has direct relevance to smart or adaptive antenna array base-station deployments in cellular networks, which are known to offer capacity enhancement when compared to fixed coverage solutions. In particular, the results presented were obtained from field trial measurement campaigns for both urban and rural scenarios, with the observations having a direct impact on the choice of down-link beamforming architecture in FDD applications. Further, it is shown that significant spatial decorrelation can occur in urban deployments for bearer separations as small as 5 MHz. Results are presented in terms of both instantaneous characteristics as well as time averaged estimates, thus facilitating the appraisal of smart antenna solutions in both packet and circuit switched networks.