Crazy.... I did all three of these with Rustoleum, & mostly 2X... Semi gloss white bases, no primer on base, & then 2X Apple red gloss on Nitro, with 2X Semi gloss black, on SBM I did Rustoleum 2X semi gloss white, Valspar "pool party" for blue, & 2X semigloss black.... Playboy was 2X Semi gloss white base, Rustoleum Satin Magenta, & then 2X Semi gloss black....
All 3 were done with same lead times..... I spray the base & allow 24 hours to set & then do my 1st color, then another 24 hour, the 3rd color goes onto of that. Only time I have had anything near that happen, it was on wobdrails for the PF, it was too thick of a 2nd coat, IMO it's the thinners in the second color attacking the base coat.
I just did Nitro in 3-4 days.....from start to finish.
It's gotta be your primer causing the issue. Strip it down to bare wood again, skip the primer, do your base Yellow, go light for 1st 2 coats both to avoid runs & to let it "soak" into wood. Do 3rd semi heavy, but not crazy heavy final coat to give good overall colorization & surface finish to the paint. I'd let that sit for 24 hours & do 2nd color. I like to use semi gloss wherever possible.... it dries a lot faster, less bleed around stencils etc. Plus, these machines were never intended to look more shiny than my brand new $50,000 car.... I don't like the whole clear coat look to a cab. But that's just me.