diff --git a/src/sonic-bgpcfgd/setup.py b/src/sonic-bgpcfgd/setup.py
index 30298fea98..3d1c41cd65 100755
--- a/src/sonic-bgpcfgd/setup.py
+++ b/src/sonic-bgpcfgd/setup.py
@@ -18,7 +18,7 @@ setuptools.setup(
     install_requires = [
         'jinja2>=2.10',
         'netaddr==0.8.0',
-        'pyyaml==5.4.1',
+        'pyyaml==6.0.1',
         'ipaddress==1.0.23'
     ],
     setup_requires = [
diff --git a/src/sonic-frr-mgmt-framework/setup.py b/src/sonic-frr-mgmt-framework/setup.py
index d3c9f1dae1..28da6e24b4 100755
--- a/src/sonic-frr-mgmt-framework/setup.py
+++ b/src/sonic-frr-mgmt-framework/setup.py
@@ -14,7 +14,7 @@ setuptools.setup(
     install_requires = [
         'jinja2>=2.10',
         'netaddr==0.8.0',
-        'pyyaml==5.4.1',
+        'pyyaml==6.0.1',
         'zipp==1.2.0', # importlib-resources needs zipp and seems to have a bug where it will try to import too new of a version for Python 2
     ],
     setup_requires = [