UBS's Wraith Sees No Drop for U.K. Sovereign Assets

The video discusses the UK gilts market, highlighting concerns about demand post-referendum. It examines the impact of quantitative easing ending and the divergence between UK and US bonds. The effects of Brexit and the US election on market spreads are analyzed, with predictions for Sterling and the UK economy. The video also explores political risks in the Eurozone, particularly the French elections, and their potential impact on markets.

What predictions were made about the future of Sterling against the US dollar?

How does the text describe the relationship between political risk in the eurozone and market reactions?

What are the potential risks associated with the French elections as discussed in the text?