I think that falls into the category I mentioned in the third paragraph of my comment: a serious pre-existing bug with other consequences will potentially cause the guarantee to be violated. A similar effect would happen if you had a double free that sometimes caused a crash, which is a similar level of programming mistake to creating a cyclic reference. To me it sits outside of a reasonable definition of "guaranteed".
No, typically, a reference cycle is fine. It results in valid memory that never gets read again, which is unfortunate but not dangerous, whereas double-frees can result in memory corruption. http://huonw.github.io/blog/2016/04/memory-leaks-are-memory-...