This road sign means:

Slow down and yield to traffic on main road when merging.
You must come to a complete stop and yield the right-of-way.
Always come to a complete stop.
Lane reduction ahead.
Explanation

A YIELD sign indicates that you must slow down and be ready to stop, if necessary, to let any vehicle, bicyclist, or pedestrian pass before you proceed. When you see this sign, you must slow down and yield the right-of-way to traffic in the roadway you are entering or the intersection you are crossing.

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