Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
The Greek bond yields are about to touch a biggest weekly high on Friday as angst rises among investors about the delay in Athens bailout package. The yield on the benchmark 10-year bonds, which moves inversely to its price, moved higher 2.45 pct to 9.157 pct and the yield on the 2-year bond dipped 7.75 pct to 11.642 pct by 1035 GMT.
The head of the Eurozone's fund in its latest comments on Reuters said that the reforms required to release further financial aid to the country were getting difficult. These delays have reignited concerns that Athens may not receive the 5 billion Euros in bailout aid, most of which will be used to repay 3.5 billion Euros to the International Monetary Fund and the European Central Bank in July. Meanwhile, the Greek Prime Minister Alexi Tsipras on Friday blamed the IMF for delaying the bailout package.
"As talks between the two sides deteriorate and we don't get a solution, the more investors are getting increasingly nervous that they won't be able to rollover the debt in the summer," said Nick Stamenkovic, bond strategist at RIA Capital Markets to Reuters.
We foresee that if European Union unable to release the bailout package as quick as possible, in this scenario bonds prices are expected to climb further up.
