For a short-duration option in corporate bonds to extract even more yield, fixed income investors can opt for the Vanguard Short-Term Corporate Bond ETF (VCSH), which seeks to track the performance of a market-weighted corporate bond index with a short-term dollar-weighted average maturity. Recession fears amid rampant inflation and rising rates are pushing yields higher on bonds. A forgettable 2022 for the bond market could be giving way to a brighter 2023, especially if the U.S. Federal Reserve can wrangle inflation while tightening monetary policy without hurting economic growth.