I have attempted to submit this Feedly feedback on their Uservoice forum. In the past I have had issues with the feedback not appearing, so I am making a copy here. The syndication link below is the URL they provided, but is not publicly visible currently.

When I send a WebSub notification (previously known as PubSubHubbub) for my Atom feed, the whitespace around links appears collapsed, so linked words run up against words around them. The feed is https://gregorlove.com/articles.atom. You can see this in Feedly with recent posts in my feed.

For this post, though (https://gregorlove.com/2017/05/ten-years-on/) I neglected to send a WebSub publish notification, so it appears Feedly did a regular poll of the feed and handled the whitespace correctly. It appears it's only for WebSub publish notifications that Feedly collapses the whitespace like this.