What has been the trend in bond prices amid increasing yields?

The trend in bond prices amid increasing yields is that bond prices continue to slip. This occurs due to the inverse relationship between bond prices and yields. When yields rise, newly issued bonds offer higher returns, making existing bonds with lower yields less attractive to investors. As a result, the prices of those existing bonds decrease to align with the new market conditions. Investors will demand a discount on older bonds to reflect the lower interest rates they pay compared to new offerings. This dynamic is fundamental to understanding how the bond market reacts to changes in interest rates, emphasizing the importance of yield movements in assessing bond investment strategies.