According to foreign media reports, traders on Friday increased their bets that the Federal Reserve will raise interest rates before the end of the year after data released by the U.S. government showed that job growth last month far exceeded expectations, Golden Finance reported. The rise in implied yields on contracts tied to the Fed's policy rate indicates that the probability that the Fed will raise its benchmark interest rate to a range of 5.50%-5.75% at its December meeting is close to 50%. Ahead of the jobs report, traders saw a roughly 34% chance of a 25 basis point rate hike. According to previous news, the Federal Reserve swap market has fully priced in the postponement of the Federal Reserve interest rate cut from July next year to September next year.