Speculators dialed back their net bearish bets on Eurodollar futures from record highs after the Federal Reserve as expected raised interest rates last week, according to Commodity Futures Trading Commission data released on Friday. Speculators also pared their net bearish or short bets on U.S. 10-year Treasury note futures from their highest levels since April 2010. On the other hand, speculative net shorts in two-year and five-year Treasury futures rose as the U.S. central bank surprised traders by hinting it might raise interest rates at a faster pace than had previously thought. The amount of speculators' bearish, or short, positions in Eurodollar futures exceeded bullish, or long, positions by 2.008 million contracts on Dec. 20, down from a record 2.358 million net shorts in the prior week, according to the CFTC's latest Commitments of Traders data. Speculative net shorts in 10-year T-notes fell to 221,058 contracts, down from 268,395 which was the most net shorts...