How to create a CSV on the fly and send as an attachment using wp_mail?

I'm trying to create a CSV file from a form submission and send that file automatically by email to a specific user. The email itself is sending fine, but I can't get the attachment to go through. Is it possible to create an attachment without first saving the file to the server?

function create_csv() {
    $fd = fopen('php://temp/', 'w');
    if($fd === FALSE) {
        die('Failed to open temporary file');
    }

    $records = array( array('dummy', 'data', 'found', 'here') );

    fputcsv($fd, $headers);
    foreach($records as $record) {
        fputcsv($fd, $record);
    }

    rewind($fd);
    $csv = stream_get_contents($fd);
    fclose($fd);
    return $csv;
}

$to = $email;
$subject = 'Subject';
$message = 'Message';
$headers = 'From: ' . $other_email;
$attachment = create_csv();

$sent = wp_mail($to, $subject, $message, $headers, $attachment);