Thinking about it, the issue could be related to the bug I reported here:
http://forum.cakewalk.com/Issue-when-using-Normalize-in-multiselect-m3763740.aspx By default, Sonar/CbB stores multiple clips in the same file, but sometimes Sonar/CbB gets confused as to what clip is what. This is almost 100% reproducible when using Process Effect, but maybe it affects deletes in some cases too.
The workaround is to bounce a clip to itself before doing any edit and/or processing operations.
Additionally, I usually check the "Create one file per click" box within the Save dialog to stop Cakewalk from storing clips this way in the first place.
[Edit] - Note that "Bounce to clips" is different from "Bounce To Track" which you mentioned earlier.