Things That Jump/bounce with Y
A yo-yo shoots down and springs back; bouncy toy.
A ball bounces; being yellow still counts.
Large Himalayan bovine; can buck and jump when moving.
Kids often jump around--works for this category.
Round toy/ball of yarn; can roll and bounce a little.
Yo-yo toy goes down and springs back up.
The words in the list Things That Jump/bounce with Y come from players of the word game Categories game.