The question appears to be addressed to submissives, but is in the general area, so I will post my take on it.
Everyone has feelings. Choosing to let the feelings be exposed, or keep them held tightly I think varies greatly upon how the person grew up, what their home life was like.
With that in mind, as a Dominant and a Master with my slave (who is also my wife), there was a point in my life that the emotional turmoil was so great that I couldn't in any shape or form provide the guiding sure footed state of mind that she was used to. It got to the point I was in a near mental break down. Our roles as who was the emotional rock and who was the one who needed emotional protection was reversed, to the point you might say our roles as Dom and sub were pseudo reversed. Things have gotten back to where they were before, and we are happy they have.
So to your question of do Masters feel, I believe it is a matter of perspective.
V/R
ID