How to reproduce:
1. Open the attached project "IN-79503.zip"
2. Open Assets/Scenes/TestScenes/UI Test Scene.unity
Expected results: Text is not overlapping in the Scene view
Actual results: Text is overlapping in the Scene view
Reproducible with: 3.2.0-pre.10 (2021.3.40f1, 2022.3.35f1), 4.0.0-pre.2 (2022.3.35f1), 6000.0.9f1
Reproducible on: Windows 10 22H2
Not reproducible on: No other environment tested