Combine sugar and water in a medium saucepan. Bring to a simmer and cook over low heat for 10 minutes.
While the syrup is simmering, split the vanilla bean in half vertically.
After simmering the syrup for 10 minutes, carefully pour into a heat proof jar or container. Drop in the vanilla bean and place two bags of Bigelow Perfect Peach Herbal Tea down into the syrup.
Let the syrup steep for 8-10 hours. Remove vanilla bean and tea bags. Discard.
Notes
I personally don't mind vanilla beans floating in my syrup. However, if you would like a clearer syrup, simply strain the syrup through a cheesecloth layered inside a mesh strainer.