Dec 5 (Reuters) – The Federal Reserve’s first round of
interest-rate increases in a decade could start as soon as July,
traders were betting on Friday, after a jump in jobs growth last
month boosted confidence in the staying power of the U.S.
U.S. short-term interest-rate futures contracts plunged as
traders priced in higher rates next year on the strength of a
government report showing employers added 321,000 jobs last
month, the most in nearly three years.