A Tory Election Win Is All the Markets Can See

  • Bets are vindicated after first TV debate can’t move needle
  • Traders pay up to hedge against post-election volatility

Boris Johnson gives a thumbs up after delivering a speech during the Conservative Party Conference in October.

Photographer: Stefan Rousseau/PA Images via Getty Images

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This week’s pre-election debate may have been too close to call, but for U.K. investors positioning for the December vote there’s not much doubt: Incumbent Boris Johnson remains on course for victory.