diff --git a/renovate.json b/renovate.json
index c5f529b0ed3..eabb43a6a82 100644
--- a/renovate.json
+++ b/renovate.json
@@ -5,6 +5,7 @@
   "dependencyDashboardApproval": true,
   "minimumReleaseAge": "3 days",
   "postUpdateOptions": ["yarnDedupeHighest"],
+  "rangeStrategy": "bump",
   "skipInstalls": false,
   "statusCheckNames": {
     "artifactError": null,
@@ -13,6 +14,11 @@
     "minimumReleaseAge": null
   },
   "packageRules": [
+    {
+      "description": "Restores the default for peer ranges, which `rangeStrategy` above would otherwise override. Peer ranges are deliberately wide, so they get broadened rather than raised.",
+      "matchDepTypes": ["peerDependencies"],
+      "rangeStrategy": "widen"
+    },
     {
       "description": "Mirrors npmPreapprovedPackages in .yarnrc.yml, which exempts these from the install-time age gate.",
       "matchPackageNames": [