When Yahoo Search announced the update on June 30th, it went very unnoticed, as if there was no update. But things have changed over the holiday weekend.
Starting on Friday, July 4th, in the morning, some webmasters began reporting fluctuations in Yahoo. Some are saying that more "anchor text" is making an impact. We do not have much discussion around the specific changes, only that people are actually noticing changes in the search results.
One member at WebmasterWorld said:
I lost 40 percent of my YH traffic two days ago and pages per visit plummeted to 1.2 for the remaining traffic.
If you have seen changes, join the discussion. Typically, with Yahoo Search results changes - things fluctuate and then they go back to a similar state they once were. In other words, we have seen many rollbacks from Yahoo.
Forum discussion at WebmasterWorld.