Yup...tell-tale sign of bad exhaust donuts. Exactly what was happening to my '07 Attak when my donuts went bad at 2,300 miles. Mine were covered under YES warranty, along with having to have the left Y pipe replaced. Bring to the dealer and have them fix it on Yamaha's dime. If you dont have a warranty to cover..then do a search as there are plenty posts about doing the repair.
--Steve (O.C.)