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The trigger is label-slot content: the model treats tokens occupying the label position as an exhaustive answer vocabulary, with homogeneity as the maximally collapsed case. A novel set-level fixation finding confirms this: when demonstrations carry varied nonsense tokens from {foo,bar,vex,nit,orb}, the model places 42--67% of probability on the demonstrated set while P(dog) remains below 0.2%. This is inconsistent with latent-concept Bayesian accounts (Xie et al., 2022) and reveals that ICL output is constrained vocabulary retrieval--the model binds its output to the demonstrated token inventory regardless of semantic plausibility. 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This is inconsistent with latent-concept Bayesian accounts (Xie et al., 2022) and reveals that ICL output is constrained vocabulary retrieval--the model binds its output to the demonstrated token inventory regardless of semantic plausibility. 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