The docs for `blocksonly` say that "Transactions from the wallet or RPC are not affected" but the code says:

    if (gArgs.GetBoolArg("-blocksonly", DEFAULT_BLOCKSONLY) && gArgs.SoftSetBoolArg("-walletbroadcast", false)) {
        LogPrintf("%s: parameter interaction: -blocksonly=1 -> setting -walletbroadcast=0\n", __func__);
    }

Here's the relevant documentation:

    -blocksonly
       Whether to reject transactions from network peers. Transactions from the
       wallet or RPC are not affected. (default: 0)

    -walletbroadcast
       Make the wallet broadcast transactions (default: 1)

Doesn't that imply that `blocksonly` *does* affect transactions from the wallet?

#include <policy/fees.h>
#include <policy/policy.h>
#include <policy/settings.h>
#include <rpc/blockchain.h>
#include <rpc/register.h>
#include <rpc/server.h>
#include <rpc/util.h>
#include <scheduler.h>
#include <script/sigcache.h>
#include <script/standard.h>
#include <shutdown.h>
#include <timedata.h>
#include <torcontrol.h>
#include <txdb.h>
#include <txmempool.h>
#include <ui_interface.h>
#include <util/asmap.h>
#include <util/moneystr.h>
#include <util/system.h>
#include <util/threadnames.h>
#include <util/translation.h>
#include <validation.h>
#include <hash.h>
#include <validationinterface.h>
#include <walletinitinterface.h>
#include <stdint.h>
#include <stdio.h>
#include <set>
#ifndef WIN32
#include <attributes.h>