prices down yields up the first part of that ineluctable equation is readily apparent to fixedincome investors who are living through a historic bear market comparable only to those following the two world wars and the great depression as noted here a week ago to put a number on their pain the vanguard total bond market exchangetraded fund ticker bnd had suffered a 143 negative return since the end of 2021 through wednesday according to morningstar the good news is that the etf which tracks the us taxable investmentgrade debt market now yields nearly 4