If i just estimate it with no extra arguments like in the code below, I get rg=1.1 (0.09)
./ldsc.py \
--rg ~/Desktop/munged_A.txt.sumstats.gz,~/Desktop/munged_B.txt.sumstats.gz \
--ref-ld-chr /Users/g/Downloads/eur_w_ld_chr/ \
--w-ld-chr /Users/g/Downloads/eur_w_ld_chr/ \
--out ~/Desktop/A_B
However if i constrain the intercepts to 1 and add in the phenotypic correlation then it drops to rg=0.61 (0.06)
/ldsc.py \
--rg ~/Desktop/munged_A.txt.sumstats.gz,~/Desktop/munged_B.txt.sumstats.gz \
--intercept-h2 1,1 \
--intercept-gencov 0,0.7 \
--ref-ld-chr /Users/g/Downloads/eur_w_ld_chr/ \
--w-ld-chr /Users/g/Downloads/eur_w_ld_chr/ \
--out ~/Desktop/A_B