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SN74LVC2G07: continual feedback loop in the following topology?

Part Number: SN74LVC2G07

Team,

I have a question regarding the SN74LVC2G07 device.  Is there any chance of a continual feedback loop in the following topology? Will the signal be stuck low with no chance of being pulled high by the resistors on either side of the buffer?

Basically, I have an I2C bus that I want to isolate between two boards. Without the isolation the rise time on the bus was getting atrocious.