There have been quite a few support mails lately asking for the steps to configure the YubiKey to emit static password.
Yubico provides a personalization tool that can be used to program the YubiKey to emit the static password. Users can use this utility to configure the YubiKey to produce a fixed static password (randomized at the time of programming).
A new version of Yubico Personalization tool for Windows (Beta) is now available for download. We have also created a User Guide for using the Yubico Personalization tool and reprogramming the YubiKey to generate a static password. Users can download the new personalization tool and the user guide from:
http://www.yubico.com/developers/personalization/