Best Gold Stocks to Buy Now: AABB, GOLD, GDX 
The Japanese long-term government debt instrument traded marginally firmer on Thursday after weaker 30-year bonds auction programme and dovish comment form Bank of Japan Governor Kuroda. The yield on the benchmark 10-year, which moves inversely to its price, moved down 1.25 pct to -0.081 pct and 40-year bonds yield dipped 2.96 pct to 0.452 pct by 0745 GMT.
The Bank of Governor Kuroda while speaking in New York said that the Bank of Japan will continue QQE with negative rate for as long as needed to hit price the Bank of Japan price target and won't hesitate taking additional easing steps if needed to hit price goal. He further added that the BOJ will achieve price target by making full use of existing framework and 3-tier system of negative rate framework means direct negative impact on financial institutions' profits is minimised and both monetary policy and growth strategy are necessary to beat deflation.
According to recent Reuters poll, out of 16 analysts 8 said that the BOJ will take easing steps at 27-28 April meeting, 3 see action taken in June and 5 said in July. 10 analysts said that BOJ will adopt a combination of cutting rates deeper into negative territory and boosting asset purchases.
Also, the results of today's monthly JPY800bn 30-yr JGB re-opening auction were weaker than widely expected. The lowest accepted price of 110.35 was far below the lower end of market expectations of 110.85-111.00.
Moreover, the BoJ's adoption of negative rates in January has driven JGB yields below zero, while also increasing its market volatility.
Further, we expect an expansion of stimulus, and if the market happens to rule out any additional boost in stimulus, that would create an opportunity to go long and we also foresee that the 10-year note will yield about -0.15 pct at year-end.
