**Both Lula and Flávio Bolsonaro have publicly confirmed participation in at least one head-to-head televised debate before the October 25 runoff, driving the elevated trader consensus.** Following the October 4 first-round results that sent the candidates into the runoff, both signaled willingness to debate after skipping such events earlier. Lula stated he would attend the Band debate scheduled for October 18 and challenged his opponent to appear. Flávio initially declined but reversed course within 24 hours on October 14, releasing a video confirming his attendance and framing it as an opportunity to confront Lula directly on policy differences. This marks the first scheduled face-to-face exchange between the two, with the Band event (organized by Band, Estadão, Cultura, Gazeta, Jovem Pan, and others) positioned as the initial confrontation. Additional debates, including one planned for Globo on October 23, remain under discussion. Official campaign statements and scheduling announcements have removed prior uncertainties around attendance, aligning with standard runoff dynamics where direct comparisons of platforms gain prominence. No procedural or legal obstacles have emerged to block the events.