It's a Japanese holiday today.
To while away the day for Bank of Japan watchers, a piece from Reuters on Friday which quotes sources saying the BOJ "has been quietly brainstorming the idea of overhauling its massive monetary stimulus programme over time"
- Which casts doubt on officials' assertions that it can keep buying JGBs for the years to come.
- Say increasing the 80 trillion yen per year asset buying remains its go-to option
- There is a limited array of obvious policy alternatives
- Some analysts say the BOJ could abandon the 0.1 percent interest the central bank pays on reserves
- Or even charge a fee for them
