Bumping version to 1.11.0rc2 and generate changelog

Author: FishtownBuildBot

.bumpversion.cfg

@@ -1,5 +1,5 @@
 [bumpversion]
-current_version = 1.11.0rc1
+current_version = 1.11.0rc2
 parse = (?P<major>[\d]+) # major version number
 	\.(?P<minor>[\d]+) # minor version number
 	\.(?P<patch>[\d]+) # patch version number

.changes/1.11.0-rc2.md

@@ -0,0 +1,29 @@
+## dbt-core 1.11.0-rc2 - December 01, 2025
+
+### Features
+
+- Support partial parsing for function nodes ([#12072](https://github.com/dbt-labs/dbt-core/issues/12072))
+
+### Fixes
+
+- Allow dbt deps to run when vars lack defaults in dbt_project.yml ([#8913](https://github.com/dbt-labs/dbt-core/issues/8913))
+- Restore DuplicateResourceNameError for intra-project node name duplication, behind behavior flag `require_unique_project_resource_names` ([#12152](https://github.com/dbt-labs/dbt-core/issues/12152))
+- Allow the usage of `function` with `--exclude-resource-type` flag ([#12143](https://github.com/dbt-labs/dbt-core/issues/12143))
+- Fix bug where schemas of functions weren't guaranteed to exist ([#12142](https://github.com/dbt-labs/dbt-core/issues/12142))
+- :bug: :snowman: Correctly reference foreign key references when --defer and --state provided ([#11885](https://github.com/dbt-labs/dbt-core/issues/11885))
+- Fix generation of deprecations summary ([#12146](https://github.com/dbt-labs/dbt-core/issues/12146))
+- :bug: :snowman: Add exception when using --state and referring to a removed test ([#10630](https://github.com/dbt-labs/dbt-core/issues/10630))
+- :bug: :snowman: Stop emitting `NoNodesForSelectionCriteria` three times during `build` command ([#11627](https://github.com/dbt-labs/dbt-core/issues/11627))
+- :bug: :snowman: Fix long Python stack traces appearing when package dependencies have incompatible version requirements ([#12049](https://github.com/dbt-labs/dbt-core/issues/12049))
+- :bug: :snowman: Fixed issue where changing data type size/precision/scale (e.g., varchar(3) to varchar(10)) incorrectly triggered a breaking change error fo ([#11186](https://github.com/dbt-labs/dbt-core/issues/11186))
+- :bug: :snowman: Support unit testing models that depend on sources with the same name ([#11975](https://github.com/dbt-labs/dbt-core/issues/11975), [#10433](https://github.com/dbt-labs/dbt-core/issues/10433))
+- :bug: :snowman: Avoid retrying successful run-operation commands ([#11850](https://github.com/dbt-labs/dbt-core/issues/11850))
+- :bug: :snowman: Fix `dbt deps --add-package` crash when packages.yml contains `warn-unpinned: false` ([#9104](https://github.com/dbt-labs/dbt-core/issues/9104))
+
+### Under the Hood
+
+- Update jsonschemas for schema.yml and dbt_project.yml deprecations ([#12180](https://github.com/dbt-labs/dbt-core/issues/12180))
+
+### Contributors
+- [@asiunov](https://github.com/asiunov) ([#12146](https://github.com/dbt-labs/dbt-core/issues/12146))
+- [@michellark](https://github.com/michellark) ([#11885](https://github.com/dbt-labs/dbt-core/issues/11885))