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For me, this increase started on 11/25/2005 (late Thursday and Friday).
Also, click through rates are down under 1% (about half) and ad relevancy 'on average' is down as well.
That being said over the last 3-4 days I am earning more than ever. For the first day I thought it was an error and would be adjusted. But so far this trend is continuing.
I run a regional travel site. I am still getting some ads for this region but also off target or general travel ads as well. I assume, at least, for the moment that these general ads have a higher CPC/bid which is generating these fantastic EPC's. Maybe Yahoo is taking a broader look at the keywords on my page instead of looking at the more regionally focused nature of each page.
This is great for the moment but I have a suspicion that these fairly high EPC are going to go back down as ad relevancy increases...?