Why is this a method ambiguity?

I have this type and scaffolding:

import Base: convert, promote_rule, show, (*)

immutable FP64 <: AbstractFloat
    fp::Float64
end

show(io::IO, a::FP64) = show(io, a.fp)
promote_rule{T<:AbstractFloat}(::Type{FP64}, ::Type{T}) = FP64

When I specify * this way, it works.

(*)(x::FP64, y::FP64) = (FP64)(x.fp * y.fp)
(*){T<:AbstractFloat}(x::FP64, y::T) = (*)(promote(x, y)...)
(*){T<:AbstractFloat}(x::T, y::FP64) = (*)(promote(x, y)...)

FP64(5.0) * FP64(5.0)
25.0f0

When I specify * this way , it does not work.
    (*){T<:FP64}(x::T, y::T) = (T)(*)(x.fp, y.fp)

(*){T<:FP64}(x::T, y::T) = (T)(*)(x.fp, y.fp)        
(*){T<:AbstractFloat}(x::FP64, y::T) = (*)(promote(x, y)...)
(*){T<:AbstractFloat}(x::T, y::FP64) = (*)(promote(x, y)...)

FP64(5.0) * FP64(5.0)
ERROR: MethodError: *(::FP64, ::FP64) is ambiguous. Candidates:
    *{T<:FP64}(x::T, y::T) in Main
    *{T<:AbstractFloat}(x::FP64, y::T) in Main
    *{T<:AbstractFloat}(x::T, y::FP64) in Main

What is happening here (v"0.6-dev.2059")?

Bug that should be fixed by jb/subtype (although it seems like there’s still a different issue there.)

Actually seems to be a method table issue and not a type system issue. Reported at https://github.com/JuliaLang/julia/issues/20056