When I create a new arrangement with a new midi track with a VST instrument and a new sequence with midi notes and then select the half length of the sequence for the punch range Alt+B renders the complete sequence/track.
After undoing the bounce and enabling the record mode Alt+B renders the punch range.
From this point on Alt+B renders the punch range without enabling record mode. So it seems that the punch range rendering does not work correct on e new track/sequence without enabling the record mode at least once(?).
The strange thing is sometimes it works and sometimes not.
