OK it is Possible. But not if you create a line of type on a plane above a cylinder. I spent an hour trying to get it to work.
None of the feature tools are active when I tried.
** (klunky unacceptable) Work-Around:
I had to create "Boss-Extrude" from a plane "Up to surface" of my cylinder, to get an emboss I did not want.
Then I "Suppressed" that "Boss Extrude" and returned to the "Sketch" > and VIOLA the Features were active.
However I could only get the #3 tool "Scribe" to work without bs traffic-cop objections from SW20.
You know what, I'll take it
You win, SW.
There is NO Intuitive way to wrap type around a cylinder. I'll finish it in another App.