Group 1 - The bond market continues to adjust while the A-share market shows strong performance, indicating an increase in market risk appetite [1][3] - Despite the rising risk appetite, bond funds are frequently resuming large-scale subscriptions, suggesting a potential response to the current market's risk-off sentiment [2][3] - On August 25, the A-share market saw a strong performance with the Shanghai Composite Index closing at 3883.56 points, up 1.51%, and a total market turnover of 3.18 trillion yuan [4] Group 2 - Pure bond funds performed poorly last week, with average weekly returns for medium to long-term bond funds at -0.13% and short-term bond funds at -0.04% [5] - The overall liquidity in the market has shifted from tight to loose, with a net injection of 12,652 billion yuan by the central bank over the week [5][6] - Analysts suggest that the bond market is likely to remain weak in the short term, influenced by the positive performance of the equity market [6][7] Group 3 - The average weekly returns for various bond funds indicate a significant disparity, with some long-term bond funds achieving returns as high as 45.491% while short-term funds remain much lower [8][9]