Yankee Flag
F5. The Reference Layer: Glossary, Units, Signals and Information SourcesDefinition
International Code of Signals letter Y, meaning "I am dragging my anchor."
Yankee, letter Y of the International Code of Signals, means “I am dragging my anchor.” The flag carries diagonal yellow and red stripes. A vessel at anchor hoists it singly to warn that it is no longer holding and is being carried by wind or current, a hazard to itself and to anything astern of it. Bridge teams read it with the anchor watch and the windlass crew standing by to re-set or weigh.
Source: International Code of Signals (IMO, 1965 edition as amended), single-letter signal Y.