['view'] token is empty

According to link.module, it appears there should be a token that returns the formatted HTML link, but when I attempt to use it, nothing shows up in the output.
$tokens['link']['view'] = t("Formatted html link");
How does one output the full absolute URL using tokens when the link field accepts both internal and external urls? If I use link_field:url, I just get the relative path. I need the full path as this is going in an email template.