JPMorgan: Greek bonds passed the convergence test, and investors are repositioning
Greek bonds are now treated as securities that have completed most of their investment upgrade - They retain their role as a stable, but no longer "one-dimensionally attractive" tool in eurozone portfolios
JPMorgan sees Turkey lira diving towards 30 per dollar after elections
Turkey's tightly contested presidential and parliamentary elections on May 14 are perhaps the most consequential in the century-long history of the republic.