Yields on Fannie Mae and Freddie Mac MBS rose to the highest in more than 14 months as the Federal Reserve said risks to the economy have decreased, fueling speculation it will reduce the pace of its bond buying from $85 billion a month, Bloomberg writes.

Fannie Mae’s 3.5%, 30-year securities jumped about 0.2 percentage point to 2.9% as of 3:10 p.m. in New York, the highest since April 2012, according to data compiled by Bloomberg.