Step 1.
- Chill a cocktail glass.
Step 2.
- In a mixing glass filled with ice, combine rye whiskey, sweet vermouth, absinthe, and Peychaud's bitters.
Step 3.
- Stir well until the mixture is well chilled.
Step 4.
- Strain the cocktail into the chilled cocktail glass.
Step 5.
- Garnish with a twist of lemon peel.