EUROPEAN FIXED INCOME UPDATE: debt remains firm, but volatile

Bonds are still holding gains, but well off safe-haven peaks seen overnight in the case of Bunds and US Treasuries as the Russia-Ukraine vigil rumbles on and both sides take turns to apportion blame to the other for the recent flare-up across the border. The 10 year German benchmark is off a new Eurex low between 165.14-166.01 extremes, its UK equivalent is nearer the top of a 120.52-13 range have missed most of the action and correcting higher and the T-note is hovering above 126-00 within a 126-15+/125-25 band. Ahead, IJC, US housing data, the Philly Fed and speeches from Bullard and Mester.