What Does A Red and White Triangular Sign at an Intersection Means, The red and white triangular sign means that you must slow down as you approach the intersection and give way to any vehicles or pedestrians at the intersection. You must be prepared to stop if circumstances require it.

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Answer explained here!
This sign in most cases means that you should slow down as you approach the intersection, prepare to stop and give way to other traffic at the intersection, bicycles and pedestrians crossing the street.
If the intersection is clear, you do not need to stop completely.
However, in most cases when you have a yield sign, traffic moving in the opposite direction does not stop. This is why it is important for you to slow down to a safe speed in case you need to stop.

Yield signals are usually found at roundabout intersections, at least congested intersections, and where some traffic lanes merge together.
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