If by accident bfsqrt is given a non-bigfloat the error message doesn't come from the Racket layer.
Welcome to Racket v7.6.
> (require math/bigfloat)
> (bfsqrt 2)
; mpfr->C: argument is not non-null `mpfr' pointer
; argument: 2
; [,bt for context]
> (bfsqrt (bf 2))
(bf #e1.414213562373095048801688724209698078569)
If by accident bfsqrt is given a non-bigfloat the error message doesn't come from the Racket layer.