diff --git a/README.md b/README.md
index 1c4a4ed6173..16d3faebebe 100644
--- a/README.md
+++ b/README.md
@@ -53,7 +53,7 @@ As such support for Python less than 3.8 will be removed in a release after 2024
 
 Starting with the 2.0.0 releases of amazon.aws and community.aws, it is generally the collection's policy to support the versions of `botocore` and `boto3` that were released 12 months prior to the most recent major collection release, following semantic versioning (for example, 2.0.0, 3.0.0).
 
-Version 9.0.0 of this collection supports `boto3 >= 1.28.0` and `botocore >= 1.31.0`
+Version 10.0.0 of this collection supports `boto3 >= 1.34.0` and `botocore >= 1.34.0`
 
 All support for the original AWS SDK `boto` was removed in release 4.0.0.
 
diff --git a/requirements.txt b/requirements.txt
index 131cc3b8f5c..233afee05ed 100644
--- a/requirements.txt
+++ b/requirements.txt
@@ -2,5 +2,5 @@
 # - tests/unit/constraints.txt
 # - tests/integration/constraints.txt
 # - tests/integration/targets/setup_botocore_pip
-botocore>=1.31.0
-boto3>=1.28.0
+botocore>=1.34.0
+boto3>=1.34.0
diff --git a/tests/integration/constraints.txt b/tests/integration/constraints.txt
index c55f7cdd016..8ab1413cf4a 100644
--- a/tests/integration/constraints.txt
+++ b/tests/integration/constraints.txt
@@ -1,11 +1,7 @@
 # Specifically run tests against the oldest versions that we support
-botocore==1.31.0
-boto3==1.28.0
+botocore==1.34.0
+boto3==1.34.0
 
 # AWS CLI has `botocore==` dependencies, provide the one that matches botocore
 # to avoid needing to download over a years worth of awscli wheels.
-awscli==1.29.0
-
-# AWS CLI depends on PyYAML <5.5,>=3.10; the latest PyYAML release in that range, 5.4.1, fails to install.
-# Use a version in that range that is known to work (https://github.com/yaml/pyyaml/issues/736)
-PyYAML==5.3.1
+awscli==1.32.0
diff --git a/tests/unit/constraints.txt b/tests/unit/constraints.txt
index c2fad718813..8ab1413cf4a 100644
--- a/tests/unit/constraints.txt
+++ b/tests/unit/constraints.txt
@@ -1,7 +1,7 @@
 # Specifically run tests against the oldest versions that we support
-botocore==1.31.0
-boto3==1.28.0
+botocore==1.34.0
+boto3==1.34.0
 
 # AWS CLI has `botocore==` dependencies, provide the one that matches botocore
 # to avoid needing to download over a years worth of awscli wheels.
-awscli==1.29.0
+awscli==1.32.0