I would carry it. Peace Fleece is the type of yarn that will felt to itself, so you shouldn't have too many loops to worry about. Bring the yarn you're using under the hanging one to keep it close to the side.
"Trust the pattern!"
Time flies like an arrow, but fruit flies like a banana.
Hop aboard while we follow the cloud-covered van of knitting harmony, man!! Woooo!! --Hedgehog
IngridKH on Ravelry