It's counter-steering! I was glad to read that counter-steering is accounted for and works in their physics simulation like it does in the real world.
I don't have a source handy, but I believe that there is a fixed correspondence between steering angle and the resulting turn that depends on the bike's speed, lean & steer. (And maybe tire radius counts too.) A bike riding in a stable constant clockwise turn will have a slight right lean & clockwise steer in steady-state. Steering clockwise from there will turn the bike left, or increase the turning radius until it's straight and then start turning counter-clockwise. Steering counter-clockwise from steady state clockwise turn will turn turn the bike right, increase the lean and decrease the turning radius.