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I launched the file, typed:

>Now is the time for all good men to come to the aid of their party. >test

and selected the last and made it bold using the formatting bar.

Thanks for the repro steps! This is helpful, formatting bar interaction shouldn't spin up the fan for such a small document. v0.2.2 has some performance improvements and is out, so it might be better, but this specific case might need investigation.

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