Is this still happening?
In my sandbox just now, VE changed [[Ancient Carthage]] to [[Ancient Carthage|''Ancient'' Carthage]] as I would expect.
With the sole exception of plaint text followed by italic text, it seems that a separate link is created for each part of the link that has a different bold/italic status:
- Create or edit any page that has consecutive words that have different italic/bold annotation, i.e. any of
- select both words and make the selection a link (internal or external).
Expected behaviour: One link is created, e.g. [[link|''one'' two]]
Actual behaviour: Two links are created, e.g. [[link|''one''']] [[link|two]]