Dynex Capital, Inc. (NYSE:DX) Q3 2023 Earnings Call Transcript

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The most compelling thing about what’s going on in this environment right now is that these things are cheap and they’re money good and relative to everything else that’s going on in this macroeconomic environment. They’re the most liquid thing out there for you to be able to put your money in right now. So that’s the premise on the capital raising.

Byron Boston: And Smriti, this asset class has made it through every crisis in my career. And I’ve watched the other one get annihilated for whatever reason investors forget that took place in the past. But this asset class has made it through every crisis that I’ve been involved with in my career.

Eric Hagen: Well, thank you guys very much. We appreciate you.

Smriti Popenoe: Thanks, Eric.

Operator: [Operator Instructions] And there are no further questions at this time. I will turn the call over to Byron Boston for some final closing remarks.

Byron Boston: Thank you all. We appreciate you joining us today. We look forward to you joining us in the future. We’ll leave you just with the thought of an environment — involving environment. We’ve been prepared for it. We’re prepared for it. We’ve got a great opportunity. Thank you very much.

Operator: This concludes today’s conference call. Thank you for your participation. You may now disconnect.

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