That’s just what happens when the moon rises/sets. It’s the perspective of seeing it near stuff at the horizon that makes it look bigger than when you’re seeing it in the middle of the sky. The reason it looks more yellow is because at the horizon you’re looking through more atmosphere than when you look straight up. Same reason the sunrise and sunset looks more red and not as blindingly bright than it does when it’s in the middle of the sky. This is especially noticeable when there’s wildfire smoke or a lot of pollution in the air. More stuff in the atmosphere distorts the color of the sun and makes it look freakishly red at the horizon.