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TXB0102: Can this device support SPI translation at 12MHz? 5V to 3.3V.

Part Number: TXB0102
Other Parts Discussed in Thread: SN74LVC2G34

I would like to know if TXB0102 can support SPI translation at 12MHz? I see significant distortion at 12MHz and as I reduce the SPI frequency the distortion gets better and better.

Distortion of output waveform - This is the dataline.

Waveforms when freq is reduced to 500KHz

Please clarify if I can use this chip for SPI translation.

Thanks 

Harini