Word Shows Hyperlinks In Curly Braces

Issue:

Word hyperlinks are not displaying correctly. Hyperlinks show up inside curly braces Starting with the word HYPERLINK in all capital letters and followed by the URL you are trying to enter into the document. Looks like {HYPERLINK url}

Quick:
Tools Menu, Options, View Tab, Un-check Field Codes.

Visual:

Learning:

Shows links as code and not the usual underscored link. This was also creating an issue while trying to generate an index in Word. No index was shown just the code for the index.