What information is stored in a policy trace for a proxy service that is set to bypass?

The information stored in a policy trace for a proxy service that is set to bypass is none. When a proxy is configured to bypass, it does not actively process or analyze the traffic. Essentially, "bypass" means that the proxy does not intervene in the data flow between the client and the destination server. As a result, there are no transaction details, metadata, or error logs generated for those connections, making the policy trace effectively empty. This design is intentional to ensure that traffic considered too sensitive or not needing further inspection travels unimpeded and without logging complexities.