diff --git a/spring-boot-project/spring-boot/src/main/java/org/springframework/boot/env/OriginTrackedYamlLoader.java b/spring-boot-project/spring-boot/src/main/java/org/springframework/boot/env/OriginTrackedYamlLoader.java
index 30959fab34..b2a87f8792 100644
--- a/spring-boot-project/spring-boot/src/main/java/org/springframework/boot/env/OriginTrackedYamlLoader.java
+++ b/spring-boot-project/spring-boot/src/main/java/org/springframework/boot/env/OriginTrackedYamlLoader.java
@@ -63,12 +63,18 @@ class OriginTrackedYamlLoader extends YamlProcessor {
 
 	@Override
 	protected Yaml createYaml() {
-		BaseConstructor constructor = new OriginTrackingConstructor();
+		LoaderOptions loaderOptions = new LoaderOptions();
+		loaderOptions.setAllowDuplicateKeys(false);
+		loaderOptions.setMaxAliasesForCollections(Integer.MAX_VALUE);
+		loaderOptions.setAllowRecursiveKeys(true);
+		return createYaml(loaderOptions);
+	}
+
+	private Yaml createYaml(LoaderOptions loaderOptions) {
+		BaseConstructor constructor = new OriginTrackingConstructor(loaderOptions);
 		Representer representer = new Representer();
 		DumperOptions dumperOptions = new DumperOptions();
 		LimitedResolver resolver = new LimitedResolver();
-		LoaderOptions loaderOptions = new LoaderOptions();
-		loaderOptions.setAllowDuplicateKeys(false);
 		return new Yaml(constructor, representer, dumperOptions, loaderOptions, resolver);
 	}
 
@@ -83,6 +89,10 @@ class OriginTrackedYamlLoader extends YamlProcessor {
 	 */
 	private class OriginTrackingConstructor extends SafeConstructor {
 
+		OriginTrackingConstructor(LoaderOptions loadingConfig) {
+			super(loadingConfig);
+		}
+
 		@Override
 		public Object getData() throws NoSuchElementException {
 			Object data = super.getData();
diff --git a/spring-boot-project/spring-boot/src/test/java/org/springframework/boot/env/OriginTrackedYamlLoaderTests.java b/spring-boot-project/spring-boot/src/test/java/org/springframework/boot/env/OriginTrackedYamlLoaderTests.java
index bd39af6e0c..4252c1ad22 100644
--- a/spring-boot-project/spring-boot/src/test/java/org/springframework/boot/env/OriginTrackedYamlLoaderTests.java
+++ b/spring-boot-project/spring-boot/src/test/java/org/springframework/boot/env/OriginTrackedYamlLoaderTests.java
@@ -135,6 +135,35 @@ class OriginTrackedYamlLoaderTests {
 		assertThat(loaded).isEmpty();
 	}
 
+	@Test
+	void loadWhenLargeNumberOfNodesLoadsYaml() {
+		StringBuilder yaml = new StringBuilder();
+		int size = 500;
+		yaml.append("defs:\n");
+		for (int i = 0; i < size; i++) {
+			yaml.append(" - def" + i + ": &def" + i + "\n");
+			yaml.append("    - value: " + i + "\n");
+		}
+		yaml.append("refs:\n");
+		for (int i = 0; i < size; i++) {
+			yaml.append("  ref" + i + ":\n");
+			yaml.append("   - value: *def" + i + "\n");
+		}
+		Resource resource = new ByteArrayResource(yaml.toString().getBytes(StandardCharsets.UTF_8));
+		this.loader = new OriginTrackedYamlLoader(resource);
+		Map<String, Object> loaded = this.loader.load().get(0);
+		assertThat(loaded).hasSize(size * 2);
+	}
+
+	@Test
+	void loadWhenRecursiveLoadsYaml() {
+		Resource resource = new ClassPathResource("recursive.yml", getClass());
+		this.loader = new OriginTrackedYamlLoader(resource);
+		Map<String, Object> loaded = this.loader.load().get(0);
+		assertThat(loaded.get("test.a.spring")).hasToString("a");
+		assertThat(loaded.get("test.b.boot")).hasToString("b");
+	}
+
 	private OriginTrackedValue getValue(String name) {
 		if (this.result == null) {
 			this.result = this.loader.load();
diff --git a/spring-boot-project/spring-boot/src/test/resources/org/springframework/boot/env/recursive.yml b/spring-boot-project/spring-boot/src/test/resources/org/springframework/boot/env/recursive.yml
new file mode 100644
index 0000000000..3d4ca7d182
--- /dev/null
+++ b/spring-boot-project/spring-boot/src/test/resources/org/springframework/boot/env/recursive.yml
@@ -0,0 +1,7 @@
+&def1
+*def1: a
+test:
+  a: 
+    spring: 'a'
+  b: 
+    boot: 'b'