Interesting. This is present in our org as well.
In RF Admin> Templates, the text trails off. But in the full value is still being applied on new records. The full value is still stored in the template record itself.
Jennifer Schertz for visibility.
I'm finding this really annoying, personally. Sometimes I just need to check the template to see what verbiage is stored in the Description for a specific template or two. Not every template is documented.
Ben: Have you reached out to Support yet? If not, please do so in order for them to investigate with our R&D team.
I just did Virginia. Thanks.
We took note of this Ben, and will be addressing this as a defect in our future patches on Winter 19.