Color And Bold Coding in Skript

[jolly chasm]

I want to add the color red and bold to the message in my script but everytime either the red cancels out the bold or the bold cancels out the red.. How do i add it so both are applied?

  if {lives::%uuid of player%} is not set:
    set {lives::%uuid of player%} to 3

on death of player:
  if {lives::%uuid of victim%} is 1:
    clear victim's inventory
    set {lives::%uuid of victim%} to 3
    broadcast "§4§l%victim% has wiped!"
  else:
    remove 1 from {lives::%uuid of victim%}
    broadcast "§4§l<red>%victim% has died, they now have %{lives::%uuid of victim%}% lives!"```

[mint stream]

Change whatever that symbol is to &

[cursive rock]

or broadcast formatted ""