Pimco Says U.K. Likely Heading for Election as Brexit Cliff-Edge Nears

The video discusses the recent volatility in the sterling market, predicting further downside due to Brexit uncertainties and potential elections. It highlights the opportunity in UK debt due to higher yields compared to the continent. The speaker anticipates an election before Brexit, avoiding a chaotic exit on October 31st. The political implications for Boris Johnson are considered, with his aggressive stance on Brexit potentially leading to elections if the EU does not concede.

What concerns are mentioned regarding Boris Johnson's chances of being elected?

What is the speaker's view on the EU's response to the withdrawal agreement?