diff --git a/.changes/unreleased/Dependencies-20240415-213850.yaml b/.changes/unreleased/Dependencies-20240415-213850.yaml
new file mode 100644
index 00000000000..4b6519e252d
--- /dev/null
+++ b/.changes/unreleased/Dependencies-20240415-213850.yaml
@@ -0,0 +1,6 @@
+kind: Dependencies
+body: Update the agate pin to "agate>=1.7.0,<1.10"
+time: 2024-04-15T21:38:50.004793293+05:00
+custom:
+  Author: mjkanji
+  Issue: "9934"
diff --git a/core/setup.py b/core/setup.py
index 88c380c8ef6..5baa2eb062e 100644
--- a/core/setup.py
+++ b/core/setup.py
@@ -49,7 +49,7 @@
         # ----
         # dbt-core uses these packages deeply, throughout the codebase, and there have been breaking changes in past patch releases (even though these are major-version-one).
         # Pin to the patch or minor version, and bump in each new minor version of dbt-core.
-        "agate>=1.7.0,<1.8",
+        "agate>=1.7.0,<1.10",
         "Jinja2>=3.1.3,<4",
         "mashumaro[msgpack]>=3.9,<4.0",
         # ----