I've found numerous examples of how to use MarkupString and it's just not doing what it's supposed to.
In my blazor component I have:
<small class="help-text editable-label" @ref="HelpText">
@(!string.IsNullOrWhiteSpace(Model.HelpText) ? (MarkupString)Model.HelpText : "Double-click here to add text")
</small>
I have a simple model right now where I initialize HelpText to
"<b><i>This is a test</b></i>"
In my webpage I get that exact output displayed. (See attached picture).