What does a flashing yellow light signal to drivers about the current state of the intersection?

A flashing yellow light signals drivers to proceed with caution. This means that while the intersection is not completely controlled like a red or green light may indicate, drivers should be aware that there may be pedestrians, cyclists, or other vehicles potentially entering their path. It advises them to slow down and be prepared to stop if necessary, acknowledging that the situation at the intersection requires heightened vigilance.

The flashing yellow light does not indicate that the intersection is clear, as it suggests that caution is needed. It also does not instruct drivers to stop before proceeding; that would be indicated by a different signal. Furthermore, a flashing yellow does not imply a malfunction in the traffic signal, as that is generally indicated by flashing red lights or other specific signage. Thus, the emphasis on cautious proceeding is crucial for maintaining safety at intersections governed by such lights.