diff --git a/build.zig.zon b/build.zig.zon
index 7c331bd..43eb8d6 100644
--- a/build.zig.zon
+++ b/build.zig.zon
@@ -7,8 +7,8 @@
 
     .dependencies = .{
         .mustache = .{
-            .url = "git+https://github.com/batiati/mustache-zig?ref=master#822933184fb0cbc8e692e9c73618deb2b0b8108c",
-            .hash = "122008747b05328191a1b3c2a83520b82f11e87ae12e2cc8f92305792203802a0b02",
+            .url = "git+https://github.com/batiati/mustache-zig?ref=master#7046270199f68eae32a9e79f3933088621f27d24",
+            .hash = "12201f5bda90b5de1915dc60da9cf1cd846d79a36c2e1313aa467462fa985f117bcc",
         },
     },
     .paths = .{
diff --git a/share/build_runners/live.zig b/share/build_runners/live.zig
index d175ece..998e9a5 100644
--- a/share/build_runners/live.zig
+++ b/share/build_runners/live.zig
@@ -563,7 +563,7 @@ fn prepare(
     }
 
     // Just to make diff'ing easier.
-    // Synced with Zig build runner, version 0.14.0-dev.2052+6a364b4a5 .
+    // Synced with Zig build runner, version 0.14.0-dev.3018+c0d85cda5 .
     if (true) return zig_ebuilder_section: {
         const Report = @import("Report.zig");
 
@@ -856,7 +856,7 @@ fn runStepNames(
     if (run.prominent_compile_errors and total_compile_errors > 0) {
         for (step_stack.keys()) |s| {
             if (s.result_error_bundle.errorMessageCount() > 0) {
-                s.result_error_bundle.renderToStdErr(renderOptions(ttyconf));
+                s.result_error_bundle.renderToStdErr(.{ .ttyconf = ttyconf, .include_reference_trace = (b.reference_trace orelse 0) > 0 });
             }
         }
 
@@ -1235,7 +1235,11 @@ fn workerMakeOneStep(
         defer std.debug.unlockStdErr();
 
         const gpa = b.allocator;
-        printErrorMessages(gpa, s, run.ttyconf, run.stderr, run.prominent_compile_errors) catch {};
+        const options: std.zig.ErrorBundle.RenderOptions = .{
+            .ttyconf = run.ttyconf,
+            .include_reference_trace = (b.reference_trace orelse 0) > 0,
+        };
+        printErrorMessages(gpa, s, options, run.stderr, run.prominent_compile_errors) catch {};
     }
 
     handle_result: {
@@ -1291,7 +1295,7 @@ fn workerMakeOneStep(
 pub fn printErrorMessages(
     gpa: Allocator,
     failing_step: *Step,
-    ttyconf: std.io.tty.Config,
+    options: std.zig.ErrorBundle.RenderOptions,
     stderr: File,
     prominent_compile_errors: bool,
 ) !void {
@@ -1306,6 +1310,7 @@ pub fn printErrorMessages(
     }
 
     // Now, `step_stack` has the subtree that we want to print, in reverse order.
+    const ttyconf = options.ttyconf;
     try ttyconf.setColor(stderr, .dim);
     var indent: usize = 0;
     while (step_stack.popOrNull()) |s| : (indent += 1) {
@@ -1331,8 +1336,9 @@ pub fn printErrorMessages(
         }
     }
 
-    if (!prominent_compile_errors and failing_step.result_error_bundle.errorMessageCount() > 0)
-        try failing_step.result_error_bundle.renderToWriter(renderOptions(ttyconf), stderr.writer());
+    if (!prominent_compile_errors and failing_step.result_error_bundle.errorMessageCount() > 0) {
+        try failing_step.result_error_bundle.renderToWriter(options, stderr.writer());
+    }
 
     for (failing_step.result_error_msgs.items) |msg| {
         try ttyconf.setColor(stderr, .red);
@@ -1533,14 +1539,6 @@ fn get_tty_conf(color: Color, stderr: File) std.io.tty.Config {
     };
 }
 
-fn renderOptions(ttyconf: std.io.tty.Config) std.zig.ErrorBundle.RenderOptions {
-    return .{
-        .ttyconf = ttyconf,
-        .include_source_line = ttyconf != .no_color,
-        .include_reference_trace = ttyconf != .no_color,
-    };
-}
-
 fn fatalWithHint(comptime f: []const u8, args: anytype) noreturn {
     std.debug.print(f ++ "\n  access the help menu with 'zig build -h'\n", args);
     process.exit(1);