Two underscores incorrectly italicise text?

Platform: website

Browser: Chrome

On my profile, I have this line typed:

This has always generated a hyperlink (as it should) to that user’s profile.
But as of this morning, the underscores either side of ‘sydney’ now italicise it and remove the hyperlink:

Thanks for the report, @beachcomber. This is related to an update earlier today to allow for markdown formatting in comments, but we’re working through some bugs that popped up in implementation.

The update has caused many changes, including formatting and bug fixing.

Sorry about that, should be fixed now. Supporting Markdown has all kinds of fun side-effects.