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by imwithstoopid 1184 days ago
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

1 comments

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.