Emails that contain a link with an ampersand are not rendering correctly about ray HOT 4 OPEN

I am also experiencing this issue. Link is not clickable.

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This one is really getting in the way of local email testing, I think this is a semi-recent issue as I recall our signed URLs working in ray previously.

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I have just spent several hours debugging this issue before I came here to report it and found this issue.
A fix would be most welcome!

In my case the '=' after signature is rendered as '?' breaking the signed Url.

Original dumped before the markdown is converted:

Rendered in ray:

Rendered in an actual email:

Not sure if this is relevant but in my case these are transactional mails sent with spatie mailcoach v6.

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I wonder if this is what I'm running into with #907

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