Brexit Extension, U.K. General Election 'Most Probable Scenario' Says Allianz' Subran

The transcript discusses the economic and political implications of Brexit, highlighting the sunk costs and the shrinking UK economy. It explores the diminishing chances of a hard Brexit and the resulting currency movements. The discussion also covers the long-term uncertainty surrounding Brexit, emphasizing the need for a trade agreement. The potential impact on the UK bond market and fiscal policy is analyzed, with a focus on low growth and interest rates.

What are the implications of the bond market situation in the UK as discussed in the text?

What does the speaker believe about the potential for fiscal stimulus to boost UK growth?