that’s how I would see that, too.
if you would make more stitches than you would increase.
The double YO makes a nice big hole in your lace. The problem is just to knit it off, since it is virtually impossible to just do 2 knit stitches in a double wrap. Therefore in cases of a 2YO it calls for k1 p1 or for k1 k1tbl - with the only purpose to make the second YO doable.
I didn’t find the getting the 2YO off the needle too hard, just had to make sure I didn’t drop one, but since the P happens every 9th stitch I simply kept counting so as not to forget. You’re right, the hole is nice & big & I LOVE this market bag…
It’s the To Market, To Market from the July 2010 Creative Knitting or also available online from Ravelry (link above).