Dynex Capital: Unfavorable Spread Changes Look Set To Occur

sakchai vongsasiripat/Moment via Getty Images It's been a few months since we covered Dynex Capital (NYSE:DX). Since then, the mortgage REIT has performed staggeringly well. Sure, much of its momentum has been due to a broad-based market upturn. Nevertheless, Dynex has returned well for a fixed-income asset. Previous Rating on DX (Seeking Alpha) With Dynex's performance in arrears, it's time to re-engage and provide a fresh outlook. A Turning point Has Emerged Funding and Asset Spreads Let's start off by lo ...