Strange bug in Notes

This is what I see, see if you see the same:

I grabbed these verses from another document, and stumbled upon a strange bug. See if you get it:

Take this list of verses and paste into a Note:

• Psalm 82:1 God presides in the great assembly; he renders judgment among the “gods”: “How long will you defend the unjust and show partiality to the wicked?
• Jer 4:21-22 How long must I see the battle standard and hear the sound of the trumpet?“My people are fools; they do not know me. They are senseless children; they have no understanding. They are skilled in doing evil; they know not how to do good.”
• Jer 23:26-28 “I have heard what the prophets say who prophesy lies in my name. They say, ‘I had a dream! I had a dream!’ How long will this continue in the hearts of these lying prophets, who prophesy the delusions of their own minds? They think the dreams they tell one another will make my people forget my name…”
• Matt 17:17 “Unbelieving and perverse generation!” Jesus replied, “How long must I stay with you? How long shall I put up with you?“

They will paste in without the bullet points

Highlight them all (no smart selection on!), and click the bullet points to add bullet points and indent them - works fine.

Now click to italicize them all - all the bullet points but the last one turn off!

Now click the bullet point button again - ALL the bullet points are now off, and the text indents left to its original place

Press bullet point again, and they are now indented, bulleted, with italics.