Yeah, just tested after disabling "Scale Steam Overlay text and icons to match monitor settings" as suggested and it does indeed seem to fix the issue!
Usually very easy to get the bug to work for me; I've tried scrolling through menus, entering/backing out of options in BigBox mode, starting up a game - all the usual suspects basically that seem to cause the issue to appear - and no issues so far.
Huge help, thanks so much for posting!