To move all the bookmarks in one folder to another folder, use the "Merge" function:
- Sign in to Yahoo! Bookmarks and select the folder that contains the bookmarks you want to move. Click the "Edit" link next to that folder's name. The Edit Folder page opens.
- At "Merge", select the folder you want to move the bookmarks to.
- Click the "Merge" button.
- Click "Return to My Bookmarks."
To move individual bookmarks out of a Bookmarks folder, select and drag the bookmark to the selected folder or
To move a folder, select the folder you want to move, click "Edit", and select a new parent folder. This will move that folder, and make it a sub-folder listed under the parent folder.