You have set up custom profile or event fields which contain an html hyperlink tag, for example <a href="www.blackbaud.com"> Click Here </a>. When you go into Fields Order and Label Text to sort your custom fields in the initiative, you are unable to view the fields which contain the HTML, or it appears the HTML fields are merged with text fields.
Additionally, you may notice the Top/Bottom/Move Up/Move Down links on the right are no longer visible.
HTML hyperlink tags are not supported in the name for custom fields, given the behavior they exhibit on the backend of Sphere.
As an alternative, the URL could be added as text instead of a hyperlink.