Annaly Capital Management delivered solid second-quarter results despite more turbulent market conditions. With that higher yield comes more risk. The mortgage real estate investment trust (REIT) uses lots of leverage to invest in mortgage-backed securities (MBS) backed by government agencies like Fannie Mae. While that leverage can boost its returns, it also enhances its volatility. That latter issue has caused the REIT to cut its dividend in the past. However, it successfully navigated more challenging ma ...