Local News – British Caribbean Community Stories & Events | British Caribbean News
24 September 2026
Higher Bond Yields Could Block Some USVI Hotel Financing Deals, PFA Official Warns
24 September 2026
This content originally appeared on The Virgin Islands Consortium.
After the Fed raised rates by 25 basis points, PFA officials asked for a briefing on bond demand, municipal yields and hotel securities. Nathan Simmonds warned that projects unable to support debt service at market rates would not be able to issue bonds.
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