Released on the Beatles' 1996 Anthology 2 compilation, 'Yes It Is' is a rare studio recording featuring the band's full lineup, including drummer Ringo Starr, which had not appeared together in a studio setting since 1966. The track serves as a poignant musical interlude within the album's narrative, reflecting on the group's final days and the enduring legacy of their partnership. Its inclusion highlights the band's commitment to preserving their history through archival recordings, offering listeners a glimpse into their collaborative dynamic during a pivotal era in rock music. As part of the broader Anthology series, the song complements other studio and live tracks that document the Beatles' evolution from early pop hits to their complex late-period compositions.