I am having the same problem, since about 12:30PM yesterday. I am in Eastern time zone. I contacted Yahoo since nothing has changed on my side, and my Plus account is still active. All they did was give me instructions on how to clear my browser cache and told me to try again in a few hours. I'm able to access Yahoo Mail just fine via browser, iPad and iPhone...just not Mail on my MacPro. I do think it's an issue with Yahoo's servers. There are quite a few reports of OS X Mail users having the same issue around the same time. The best thing you can do at this point is open up a support case with Yahoo and wait for further info.
If you are indeed experiencing the same issue, you will see an error icon next to your Yahoo account inbox in Mail. If you click it, a message will pop up stating "....The attempt to send data to the server "(null)" failed." This tells me either Mail is suddenly not specifying a server to contact (highly unlikely) or the server has gone down or is not receiving data properly (likely).