[vite-node] Watch mode breaks with circular imports

Describe the bug

When running vite-node with -w flag on files that have circular imports it doesn't restart the code when any of the files change. My project relied on this behaviour for a while, but when I updated from version 0.32.2 to 0.34.6 (and later) it broke

Reproduction

a.ts

import { exportFromB } from "./b";

export const exportFromA = "A";
setTimeout(() => console.log(exportFromB));

b.ts

import { exportFromA } from "./a";

export const exportFromB = "B";
setTimeout(() => console.log(exportFromA));

Run npx vite-node -w a.ts, change any file -> nothing happens.

System Info

System:
    OS: macOS 13.4.1
    CPU: (8) arm64 Apple M1
    Memory: 160.00 MB / 16.00 GB
    Shell: 5.9 - /bin/zsh
  Binaries:
    Node: 21.5.0 - /opt/homebrew/bin/node
    npm: 10.2.4 - /opt/homebrew/bin/npm
    pnpm: 8.14.0 - ~/Library/pnpm/pnpm
    bun: 1.0.21 - ~/.bun/bin/bun
  Browsers:
    Brave Browser: 120.1.61.114
    Safari: 16.5.1

Used Package Manager

pnpm

Validations

• Follow our Code of Conduct
• Read the Contributing Guidelines.
• Read the docs.
• Check that there isn't already an issue that reports the same bug to avoid creating a duplicate.
• Check that this is a concrete bug. For Q&A open a GitHub Discussion or join our Discord Chat Server.
• The provided reproduction is a minimal reproducible example of the bug.

Start by running npx vite-node -w a.ts with the circular-import reproduction in a.ts and b.ts, then change either file. Trace the watch-mode entry point and its handling of the circular dependency graph; done means changes to either file reliably restart the code, with a regression test covering this reproduction.