Unwanted blue bounding box around text in Photoshop

[Scrumptious]

Please help me, this is making me crazy! Since some recent update, I now have a blue bounding box showing up around my text layers when they are selected in the Layers panel. It doesn't matter what tool I have selected. My eyes are not used to this extra blue box and it throws off my whole ability to assess my designs. I'm using PS 23.1.1 on a Mac running Sonoma 14.5. How do I get rid of this blue box?!?

I have attached a screenshot of a text layer with the blue bounding box. In this image, the bounding box is only showing up on top and bottom because I have the sides of my text layer pulled all the way to the sides of the document. If I had a narrower text layer, there would be blue lines on the sides of the box as well. In the image I have the Move tool selected so you can see I don't have the "Show Transform Controls" box checked, but this blue bounding box is there no matter what tool I'm using. 

[Kevin Stohlmeyer]

@Scrumptious with the move tool selected, go to the gear icon to turn off the hover bounds options:

[Scrumptious]

Thank you for such a quick reply! Which gear tool and where is it? 

[Derek Cross]

[Scrumptious]

I don't have that! The screenshot I shared will show what my Move toolbar looks like. 

[Kevin Stohlmeyer]

Ah you are running Photoshop 2022. Check your layers panel or view menu/extras for layer edges.

[Scrumptious]

Thank you! I have View > Show > Layer Edges unchecked. I tried unchecking and rechecking it. Bounding box is still there. I can turn the bounding box off by unchecking View > Extras, but then I can't see my guide lines. It also seems like there should be a setting somewhere to turn these blue boxes off by default, not to have to do it with every new document?

[Kevin Stohlmeyer]

Set it without a document open to change the application settings. Changing it with a document open changes just the one document.

[Scrumptious]

Thank you! I will definitely do that when I find a solution. Unfortunately I haven't yet found a way to turn off the blue bounding box (without turning off my guide lines etc.). Any other thoughts?