But keep in mind the Teflon is very easy to nick, cut, pinch, and damage, so it requires care in handling, and will need some form of jacket around it where it enters and leaves the axle, and wherever you tie it down, so it doesn't get cut by metal and short a phase or two or three to the axle, or each other.
It also doesn't age well; it will crack and fail over time. (may take more than a decade, or may take only a few years, depending on conditions and original quality).
The very thinnest insulation you can use (which is even more fragile than teflon) is to use the epoxy-coated magnet wire just like the motor windings. But it must be handled very carefully when passing it thru the axle, etc., though unlike teflon you can "patch" this by using the brush-on insulation repair liquids like Corona Dope.
I did a 10G rewire of my rightside MXUS 4503 some months back, using 10G solid wire out of a dead welder transformer, but they were too thick to put three thru the space I had even as just magnet wire, with no insulation jacket. I ended up having to use the thin cloth sleeves that came on certain parts of the welder internal wiring to cover where they went thru the axle to protect them from all the edges, and to groove my axle flats on both sides, both axle ends, so I could pass the wires between the bearing and the flats instead of thru the hole. One wire went on each side of the axle on one side, with the third wire out the other axle.
But others have done this just thru the axle holes succesfully (DoctorBass, IIRC, and others I don't remember).
For the wires you already have, you might try using a lubricant (water based, so it can't stay in there and eat away at anything plastic/etc).