Bank of Japan Deputy Governor Shinichi Uchida: Under special circumstances where long-term interest rates rise rapidly in a manner different from normal market development, the Bank of Japan will respond flexibly, such as increasing purchases of Japanese treasury bonds.

Deputy Governor of the Bank of Japan, Shinichi Uchida: The Bank of Japan's purchases of Japanese government Bonds have compressed the term premium, mainly through the impact of its holdings of existing government Bonds on the market. The reduction in the amount of existing government Bonds held by the Bank of Japan is limited, so the effects of monetary easing are expected to continue to play a significant role.

The government work report states that a three-year action plan for building a strong Education nation has been formulated and implemented.