1.   Another factor helping bond prices is that the federal budget deficit is narrowing as the economy continues to generate strong tax revenue.

2.   BUDGET DEFICIT NARROWS The federal budget deficit narrowed in July from a year earlier as government spending slowed and revenue increased.

3.   But the deficit narrowed slightly with Canada.

4.   Figures today showed that the deficit is narrowing.

5.   In another report today, the Treasury said the U.S. budget deficit narrowed in November from a year earlier as revenue outpaced spending.

6.   In New York trading, the dollar rose after a report showed the U.S. trade deficit unexpectedly narrowed in June.

7.   It came a day after the government said the trade deficit narrowed for the third straight month.

8.   It was the first time since November that the deficit had narrowed.

9.   Separate reports said the U.K. trade deficit narrowed in September and consumer credit rose.

10.   Still, progress has been made on the budget and the annual deficit has narrowed for three consecutive years.