Check out this simple program:
int main() {
float f2 = 7.2; // OK, with warning
float f3 = 7.199999809265137; // OK, no warning
float f4{ 7.2 };
It looks like a bug, indeed. For a workaround, the following appears to silence both errors and warnings in MSVC 2015.
#pragma float_control(precise, off, push)
float f2 = 7.2; // OK, with warning
//...
#pragma float_control(precise, pop)
The same works globally if using the /fp:fast compiler switch, though that one is incompatible with /Za which disables MS language extensions.