The Globe and Mail reports in its Saturday edition that the respectful reception of Mark Carney at the White House, in contrast to the treatment of President Volodymyr Zelensky, leads many to wonder if the Prime Minister has a hidden advantage. The Globe's guest columnist John Rapley writes that rumours are circulating that Mr. Carney threatened to sell U.S. bonds to raise interest rates, potentially collaborating with allies to trigger a sell-off that prompted President Donald Trump to suspend his tariffs. When asked on a comedy show recently if he had indeed threatened to dump bonds, Mr. Carney replied "I couldn't possibly comment" with an enigmatic laugh that left the possibility dangling. There is little evidence of significant selling by central banks around "Liberation Day," and it is unclear why they would need to co-ordinate a sale. Given the erratic behaviour of the Trump administration, bond investors are becoming anxious about U.S. holdings, with "Liberation Day" driving them to sell. The idea that Mr. Carney could leverage Canada's bond holdings against Mr. Trump is worth considering, but since Canada holds only 1 per cent of U.S. debt, it would likely cause more harm to itself than impact financial markets.