I seem to remember something like that in one of Eleanor Burns' books. A Christmas book. Will try to find name.
Found it!!! Quilt in a Day - Christmas Quilts and Crafts - Eleanor Burns. It was published in 1995 - maybe you can find it in a library.
It is a "Jingle Santa Ornament. On page 92. I remember I wanted to make some. Thanks for reminding me

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It is made like strip piecing - sew the strips together, then cut out the "tie" shape all the way across.