Additional file-related features and issues within Microsoft Teams for business
And this was buried in the scroll of my Notifications
(now that New Outlook and New Teams send things into there; NOT an improvement on the previous provision)
"Performance Tracing" not tracking.
Armed with the search term "NRC Tracing", I found Reddit has the answer that answers.microsoft.com doesn't: it was Ctrl+Shift+T that does it.
So don't do Ctrl+Shift+T!
Unless you've done it inadvertently and have nothing to lose and might want to see whether doing it a second time might toggle it off...?