Two small but annoying things with the Link button on the message composer and post editor, now fixed.
Cursor position
The Link toolbar button inserts at the cursor position in the textarea, instead of always dropping the link at the start of the field. After insertion, the cursor sits at the end of the new link so you can keep typing without hunting for where it went.
HTML no longer leaks through in Markdown mode
When the editor is in source (Markdown) mode, the button now emits [text](url) instead of raw <a href> HTML. Previously the raw HTML was escaped at save time by our Markdown renderer (which treats unknown HTML as untrusted) and readers saw literal <a href=...> in their posts. Messages and thread replies composed in source mode are now clean again.
) in URLs and ] in link text are escaped so the Markdown syntax can't close early.
Community Guidelines thread
One older thread (the Community Guidelines announcement) had its link stored entity-escaped from an earlier paste — repaired in place, it now reads normally.