Japan will need to implement yield management measures to keep government bond yields in check while pursuing aggressive fiscal spending and growth objectives

"According to Pai, if global yields remain elevated and debt inflows weaken, the RBI is likely to maintain a neutral and cautious policy stance rather than aggressively easing rates."

"Both objectives could require measures to keep yields in check, Sachdeva said."

"Japan may have to shift its focus from supporting the yen toward controlling government bond yields if it is to achieve its ambitious economic growth plans. It will have to find room to spend while maintaining fiscal sustainability."