item1: &anchor_namename: Testtitle: Test titleitem2: *anchor_nameitem3:<<: *anchor_name# You may add extra stuff.
...
Most of the time people will not use those extra features and the main difference is that YAML uses indentation whilst JSON uses brackets. This makes YAML more concise and readable (for the trained eye).
Which one to choose?
YAML extra features and concise notation makes it a good choice for configuration files (non-user provided files).
JSON limited features, wide support, and faster parsing makes it a great choice for interoperability and user provided data.