In speaking with the senior network engineer at Handy Networks, our upstream facility, this issue affected both redundant pieces of hardware responsible for routing traffic. The primary crashed and then the secondary took over and subsequently crashed. While they were working to determine the cause this was ongoing and explains why things would show as online for a minute or two and then back down.
The mode of failure is definitely unusual and I still personally believe it to be a bug in the Juniper OS.
Juniper as well as Handy Networks are still working to trace the cause and I expect to have an RFO within 72 hours or less.