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Treasuries are the most liquid market in the world, they are basically used as currency at a certain level.

You can sell treasuries almost instantly for an instantly computed discount/premium...it's not like selling real estate, treasuries are nearly perfectly fungible

So it's not really a matter of demand for low yield treasuries...they've been instantly revalued every second since they were issued. All that matters is the duration remaining.

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I think that's the point of the "unless you discount them enough" clause in the parent post -- there is a substantial discount compared to par.

you as the seller don't get to "discount" treasuries, its auto-computed (why would it not be? your treasuries are not special, no one has any reason to buy yours over another with approximately the same duration)

its a currency market, liquid and fungible...there is no "enticement" of buyers

Yeah "discount" here means "sell less than par" not "choose to lower my price." I think we're all talking about the same thing from slightly different angles.

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