diff --git a/sqlx-core/src/ext/async_stream.rs b/sqlx-core/src/ext/async_stream.rs
index c08c0d9c74..85ff1be4f5 100644
--- a/sqlx-core/src/ext/async_stream.rs
+++ b/sqlx-core/src/ext/async_stream.rs
@@ -1,40 +1,97 @@
+//! A minimalist clone of the `async-stream` crate in 100% safe code, without proc macros.
+//!
+//! This was created initially to get around some weird compiler errors we were getting with
+//! `async-stream`, and now it'd just be more work to replace.
+
 use std::future::Future;
 use std::pin::Pin;
+use std::sync::{Arc, Mutex};
 use std::task::{Context, Poll};
 
-use futures_channel::mpsc;
 use futures_core::future::BoxFuture;
 use futures_core::stream::Stream;
-use futures_util::{pin_mut, FutureExt, SinkExt};
+use futures_core::FusedFuture;
+use futures_util::future::Fuse;
+use futures_util::FutureExt;
 
 use crate::error::Error;
 
 pub struct TryAsyncStream<'a, T> {
-    receiver: mpsc::Receiver<Result<T, Error>>,
-    future: BoxFuture<'a, Result<(), Error>>,
+    yielder: Yielder<T>,
+    future: Fuse<BoxFuture<'a, Result<(), Error>>>,
 }
 
 impl<'a, T> TryAsyncStream<'a, T> {
     pub fn new<F, Fut>(f: F) -> Self
     where
-        F: FnOnce(mpsc::Sender<Result<T, Error>>) -> Fut + Send,
+        F: FnOnce(Yielder<T>) -> Fut + Send,
         Fut: 'a + Future<Output = Result<(), Error>> + Send,
         T: 'a + Send,
     {
-        let (mut sender, receiver) = mpsc::channel(0);
+        let yielder = Yielder::new();
 
-        let future = f(sender.clone());
-        let future = async move {
-            if let Err(error) = future.await {
-                let _ = sender.send(Err(error)).await;
-            }
+        let future = f(yielder.duplicate()).boxed().fuse();
+
+        Self { future, yielder }
+    }
+}
+
+pub struct Yielder<T> {
+    // This mutex should never have any contention in normal operation.
+    // We're just using it because `Rc<Cell<Option<T>>>` would not be `Send`.
+    value: Arc<Mutex<Option<T>>>,
+}
+
+impl<T> Yielder<T> {
+    fn new() -> Self {
+        Yielder {
+            value: Arc::new(Mutex::new(None)),
+        }
+    }
 
-            Ok(())
+    // Don't want to expose a `Clone` impl
+    fn duplicate(&self) -> Self {
+        Yielder {
+            value: self.value.clone(),
         }
-        .fuse()
-        .boxed();
+    }
+
+    /// NOTE: may deadlock the task if called from outside the future passed to `TryAsyncStream`.
+    pub async fn r#yield(&self, val: T) {
+        let replaced = self
+            .value
+            .lock()
+            .expect("BUG: panicked while holding a lock")
+            .replace(val);
 
-        Self { future, receiver }
+        debug_assert!(
+            replaced.is_none(),
+            "BUG: previously yielded value not taken"
+        );
+
+        let mut yielded = false;
+
+        // Allows the generating future to suspend its execution without changing the task priority,
+        // which would happen with `tokio::task::yield_now()`.
+        //
+        // Note that because this has no way to schedule a wakeup, this could deadlock the task
+        // if called in the wrong place.
+        futures_util::future::poll_fn(|_cx| {
+            if !yielded {
+                yielded = true;
+                Poll::Pending
+            } else {
+                Poll::Ready(())
+            }
+        })
+        .await
+    }
+
+    fn take(&self) -> Option<T> {
+        self.value
+            .lock()
+            .expect("BUG: panicked while holding a lock")
+            .take()
     }
 }
 
@@ -42,29 +99,35 @@ impl<'a, T> Stream for TryAsyncStream<'a, T> {
     type Item = Result<T, Error>;
 
     fn poll_next(mut self: Pin<&mut Self>, cx: &mut Context<'_>) -> Poll<Option<Self::Item>> {
-        let future = &mut self.future;
-        pin_mut!(future);
-
-        // the future is fused so its safe to call forever
-        // the future advances our "stream"
-        // the future should be polled in tandem with the stream receiver
-        let _ = future.poll(cx);
-
-        let receiver = &mut self.receiver;
-        pin_mut!(receiver);
+        if self.future.is_terminated() {
+            return Poll::Ready(None);
+        }
 
-        // then we check to see if we have anything to return
-        receiver.poll_next(cx)
+        match self.future.poll_unpin(cx) {
+            Poll::Ready(Ok(())) => {
+                // Future returned without yielding another value.
+                Poll::Ready(None)
+            }
+            Poll::Ready(Err(e)) => Poll::Ready(Some(Err(e))),
+            Poll::Pending => self
+                .yielder
+                .take()
+                .map_or(Poll::Pending, |val| Poll::Ready(Some(Ok(val)))),
+        }
     }
 }
 
 #[macro_export]
 macro_rules! try_stream {
     ($($block:tt)*) => {
-        crate::ext::async_stream::TryAsyncStream::new(move |mut sender| async move {
+        crate::ext::async_stream::TryAsyncStream::new(move |yielder| async move {
+            // Anti-footgun: effectively pins `yielder` to this future to prevent any accidental
+            // move to another task, which could deadlock.
+            let ref yielder = yielder;
+
             macro_rules! r#yield {
                 ($v:expr) => {{
-                    let _ = futures_util::sink::SinkExt::send(&mut sender, Ok($v)).await;
+                    yielder.r#yield($v).await;
                 }}
             }