The REST API "expand=renderedField" option does not convert to HTML properly if there are code decorator in it

Issue Summary

This is reproducible on Data Center: (yes) / (no)

Steps to Reproduce

1. Have a custom rich text field on your issues or just use the description field
2. Encapsulate any text with "code" in the field mentioned above. Here are the text that I have encapsulated in code
   
   For context, I have used the following option to encapsulate it in "code"
   
3. append the following on your Jira site base URL /rest/api/3/issue/ {issue_key}?expand=renderedFields
   Please replace {issue_key}

   with the appropriate issue key

Expected Results

It should show a proper encapsulation of code with the code tag of HTML

Actual Results

The HTML appears to be malformed
<p>sadcascac</p>\n\n<p>sdcsac</p>\n\n<p>{{/cloud-accounts/</p>\n

\n<p>/access-rights/</p>\n

\n<p>}}</p>

Workaround

no workaround found at the moment