diff --git a/gradle/libs.versions.toml b/gradle/libs.versions.toml
index 79bc218467..4d6188c8b5 100644
--- a/gradle/libs.versions.toml
+++ b/gradle/libs.versions.toml
@@ -27,7 +27,7 @@ com-squareup-okhttp3-okhttp = { module = "com.squareup.okhttp3:okhttp", version.
 com-unboundid-unboundid-ldapsdk = "com.unboundid:unboundid-ldapsdk:6.0.10"
 commons-collections = "commons-collections:commons-collections:3.2.2"
 io-freefair-gradle-aspectj-plugin = "io.freefair.gradle:aspectj-plugin:6.6-rc1"
-io-micrometer-micrometer-observation = "io.micrometer:micrometer-observation:1.10.10"
+io-micrometer-micrometer-observation = "io.micrometer:micrometer-observation:1.10.11"
 io-mockk = "io.mockk:mockk:1.13.7"
 io-projectreactor-reactor-bom = "io.projectreactor:reactor-bom:2022.0.10"
 io-rsocket-rsocket-bom = { module = "io.rsocket:rsocket-bom", version.ref = "io-rsocket" }