What does a flashing yellow light mean?

A flashing yellow light indicates that drivers should proceed through the intersection with caution. It serves as a warning signal, alerting motorists to be aware of potential hazards or the presence of pedestrians. The light does not require a complete stop, but drivers must reduce speed and be prepared to take any necessary action to ensure safety while navigating the area. This signaling method helps facilitate the flow of traffic while emphasizing the need for increased vigilance. In contrast, the other options suggest actions that are not appropriate for a flashing yellow light, such as stopping completely or expecting traffic to yield.