Fluid Film, Rust Check, or whatever, mostly Fluid Film, WD-40 dries up and goes away too quickly, have worked on my vehicles to quiet the noise down for a bit. It needs to get inside where it can work. If the vehicle is jacked up, the slit in the bushing can open up (only partly sticks in place, most likely at the bracket) and lubricant can be applied to the interior. Fluid Film will actually creep and eventually find its way there to lubricate.
Good to hear of your success Metalguy22. The compression bond that you have identified is covered pretty much back in Post #24. I think suspension travel, especially with age, may become too much for the system or the bushing needs to be larger, or salt/corrosion takes it toll on the sway bar, or the bracket doesn't have its original clamping force, or the surface where the bracket tab contacts the chassis gets worn, or it's a marginal design, sometimes works, sometimes doesn't. Chrysler (or somebody), early on had a bushing
with a fabric insert bonded to the rubber for creating friction, so the problem showed up fairly early in the 4th Generation, it seems. Worthy of note is that MOOG makes a sway bar bushing for the 5th Generation
with fabric bonded to it. I haven't heard of any problems with the bushings on the 5th Generation though. Go figure.
Some of the Ford Fairlanes, Falcons, Mustangs, etc, back in the 1960s, would have control arm bushing failures (bond let go much like our sway bar bushings). You could hear them coming from a mile away (squeaking) except on rainy days. They eventually came up with greaseable ones, or grease fittings, as the fix. Keep in mind that the Van's control arm bushings don't have grease fittings, but they have rubber. What does that tell you about how they work?
Control Arm Bushing Preload, Important Information!
Similarly, sway bar bushings should be tightened when the suspension is in a neutral position. I use ramps for that.