diff --git a/Cargo.lock b/Cargo.lock
index 92f9bf77..116a00a3 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -4739,9 +4739,9 @@ checksum = "360dfd1d6d30e05fda32ace2c8c70e9c0a9da713275777f5a4dbb8a1893930c6"
 
 [[package]]
 name = "tracing"
-version = "0.1.34"
+version = "0.1.35"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "5d0ecdcb44a79f0fe9844f0c4f33a342cbcbb5117de8001e6ba0dc2351327d09"
+checksum = "a400e31aa60b9d44a52a8ee0343b5b18566b03a8321e0d321f695cf56e940160"
 dependencies = [
  "cfg-if",
  "log",
@@ -4774,11 +4774,11 @@ dependencies = [
 
 [[package]]
 name = "tracing-core"
-version = "0.1.26"
+version = "0.1.27"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "f54c8ca710e81886d498c2fd3331b56c93aa248d49de2222ad2742247c60072f"
+checksum = "7709595b8878a4965ce5e87ebf880a7d39c9afc6837721b21a5a816a8117d921"
 dependencies = [
- "lazy_static",
+ "once_cell",
  "valuable",
 ]
 
diff --git a/crates/axum-utils/Cargo.toml b/crates/axum-utils/Cargo.toml
index 10147f75..a95114ba 100644
--- a/crates/axum-utils/Cargo.toml
+++ b/crates/axum-utils/Cargo.toml
@@ -26,7 +26,7 @@ sqlx = "0.5.13"
 thiserror = "1.0.31"
 tokio = "1.19.2"
 tower = { version = "0.4.12", features = ["util"] }
-tracing = "0.1.34"
+tracing = "0.1.35"
 url = "2.2.2"
 
 # TODO: remove the config dependency by moving out the encrypter
diff --git a/crates/cli/Cargo.toml b/crates/cli/Cargo.toml
index e47f0702..e75efa70 100644
--- a/crates/cli/Cargo.toml
+++ b/crates/cli/Cargo.toml
@@ -22,7 +22,7 @@ reqwest = { version = "0.11.10", features = ["rustls-tls"], default-features = f
 watchman_client = "0.7.2"
 atty = "0.2.14"
 
-tracing = "0.1.34"
+tracing = "0.1.35"
 tracing-appender = "0.2.2"
 tracing-subscriber = { version = "0.3.11", features = ["env-filter"] }
 tracing-opentelemetry = "0.17.3"
diff --git a/crates/config/Cargo.toml b/crates/config/Cargo.toml
index f79e2e8b..51b94e4d 100644
--- a/crates/config/Cargo.toml
+++ b/crates/config/Cargo.toml
@@ -7,7 +7,7 @@ license = "Apache-2.0"
 
 [dependencies]
 tokio = { version = "1.19.2", features = [] }
-tracing = { version = "0.1.34", features = ["log"] }
+tracing = { version = "0.1.35", features = ["log"] }
 async-trait = "0.1.56"
 
 thiserror = "1.0.31"
diff --git a/crates/email/Cargo.toml b/crates/email/Cargo.toml
index a8c7223c..34648e38 100644
--- a/crates/email/Cargo.toml
+++ b/crates/email/Cargo.toml
@@ -9,7 +9,7 @@ license = "Apache-2.0"
 anyhow = "1.0.57"
 async-trait = "0.1.56"
 tokio = { version = "1.19.2", features = ["macros"] }
-tracing = "0.1.34"
+tracing = "0.1.35"
 aws-sdk-sesv2 = "0.12.0"
 aws-config = "0.12.0"
 aws-types = "0.12.0"
diff --git a/crates/handlers/Cargo.toml b/crates/handlers/Cargo.toml
index 4daf1550..6d46e1c5 100644
--- a/crates/handlers/Cargo.toml
+++ b/crates/handlers/Cargo.toml
@@ -10,7 +10,7 @@ license = "Apache-2.0"
 tokio = { version = "1.19.2", features = ["macros"] }
 
 # Logging and tracing
-tracing = "0.1.34"
+tracing = "0.1.35"
 
 # Error management
 thiserror = "1.0.31"
diff --git a/crates/http/Cargo.toml b/crates/http/Cargo.toml
index 9da66f48..dcb097ad 100644
--- a/crates/http/Cargo.toml
+++ b/crates/http/Cargo.toml
@@ -25,5 +25,5 @@ thiserror = "1.0.31"
 tokio = { version = "1.19.2", features = ["sync", "parking_lot"] }
 tower = { version = "0.4.12", features = ["timeout", "limit"] }
 tower-http = { version = "0.3.4", features = ["follow-redirect", "decompression-full", "set-header", "compression-full", "cors"] }
-tracing = "0.1.34"
+tracing = "0.1.35"
 tracing-opentelemetry = "0.17.3"
diff --git a/crates/iana-codegen/Cargo.toml b/crates/iana-codegen/Cargo.toml
index d3e96b2d..8182091d 100644
--- a/crates/iana-codegen/Cargo.toml
+++ b/crates/iana-codegen/Cargo.toml
@@ -14,5 +14,5 @@ futures-util = "0.3.21"
 reqwest = { version = "0.11.10", features = ["blocking", "rustls-tls"], default-features = false }
 serde = { version = "1.0.137", features = ["derive"] }
 tokio = { version = "1.19.2", features = ["full"] }
-tracing = "0.1.34"
+tracing = "0.1.35"
 tracing-subscriber = "0.3.11"
diff --git a/crates/jose/Cargo.toml b/crates/jose/Cargo.toml
index 7eaeeef3..3a3c8379 100644
--- a/crates/jose/Cargo.toml
+++ b/crates/jose/Cargo.toml
@@ -32,7 +32,7 @@ signature = "1.5.0"
 thiserror = "1.0.31"
 tokio = { version = "1.19.2", features = ["macros", "rt", "sync"] }
 tower = { version = "0.4.12", features = ["util"] }
-tracing = "0.1.34"
+tracing = "0.1.35"
 url = { version = "2.2.2", features = ["serde"] }
 
 mas-iana = { path = "../iana" }
diff --git a/crates/policy/Cargo.toml b/crates/policy/Cargo.toml
index 08e17829..4b372a96 100644
--- a/crates/policy/Cargo.toml
+++ b/crates/policy/Cargo.toml
@@ -12,7 +12,7 @@ serde = { version = "1.0.137", features = ["derive"] }
 serde_json = "1.0.81"
 thiserror = "1.0.31"
 tokio = { version = "1.19.2", features = ["io-util", "rt"] }
-tracing = "0.1.34"
+tracing = "0.1.35"
 wasmtime = "0.37.0"
 
 mas-data-model = { path = "../data-model" }
diff --git a/crates/static-files/Cargo.toml b/crates/static-files/Cargo.toml
index efa1b3f6..a0ff5577 100644
--- a/crates/static-files/Cargo.toml
+++ b/crates/static-files/Cargo.toml
@@ -17,4 +17,4 @@ mime_guess = "2.0.4"
 rust-embed = "6.4.0"
 tower = "0.4.12"
 tower-http = { version = "0.3.4", features = ["fs"] }
-tracing = "0.1.34"
+tracing = "0.1.35"
diff --git a/crates/storage/Cargo.toml b/crates/storage/Cargo.toml
index a7c10b75..e8de8787 100644
--- a/crates/storage/Cargo.toml
+++ b/crates/storage/Cargo.toml
@@ -13,7 +13,7 @@ serde = { version = "1.0.137", features = ["derive"] }
 serde_json = "1.0.81"
 thiserror = "1.0.31"
 anyhow = "1.0.57"
-tracing = "0.1.34"
+tracing = "0.1.35"
 
 # Password hashing
 argon2 = { version = "0.4.0", features = ["password-hash"] }
diff --git a/crates/tasks/Cargo.toml b/crates/tasks/Cargo.toml
index 658dea71..48ab87b0 100644
--- a/crates/tasks/Cargo.toml
+++ b/crates/tasks/Cargo.toml
@@ -10,7 +10,7 @@ tokio = "1.19.2"
 async-trait = "0.1.56"
 tokio-stream = "0.1.9"
 futures-util = "0.3.21"
-tracing = "0.1.34"
+tracing = "0.1.35"
 sqlx = { version = "0.5.13", features = ["runtime-tokio-rustls", "postgres"] }
 
 mas-storage = { path = "../storage" }
diff --git a/crates/templates/Cargo.toml b/crates/templates/Cargo.toml
index 7a901595..74f0ba75 100644
--- a/crates/templates/Cargo.toml
+++ b/crates/templates/Cargo.toml
@@ -9,7 +9,7 @@ license = "Apache-2.0"
 dev = []
 
 [dependencies]
-tracing = "0.1.34"
+tracing = "0.1.35"
 tokio = { version = "1.19.2", features = ["macros"] }
 
 anyhow = "1.0.57"