Let us consider a bump function $\phi: \mathbb{R} \longrightarrow \mathbb{R}$, smooth, with compact support. The most common examples are built from the function $$ \psi(x) = \begin{cases} \exp ( \frac {1}{x^2 - 1}) & \lvert x \rvert < 1 \\ 0 & \text{otherwise} \end{cases}.$$ Although this function behaves very well, its derivatives become arbitrarily large inside the unit ball. I wonder --- do there exist bump functions with "small" derivatives?
Stated more precisely, does there exist a bump function $\phi \in C^\infty_c(\mathbb{R})$ and some $M < \infty$ such that $\phi^{(k)} \leq M$ for all $k$th derivatives?
Intuitively, I feel the answer is no, as a sort of cost of vanishing entirely.