“You’re Losing Me” isn’t available on streaming yet, but this “vault” track from “Midnights” was released by Swift as part of “Midnights (The Late Night Edition)” — which fans could only buy in person at her Eras Tour shows in New Jersey on May 26, 27, and 28, or as a limited-time digital release over that weekend (presumably the track will eventually appear on streaming).
In “You’re Losing Me,” Swift seems to address the end of her relationship with Alwyn. The repeated refrain of “You’re losing me” evokes the lyrics of “Cornelia Street,” where she sings, “I hope I never lose you.”
Swift also sang in previous songs about Alwyn about how she wanted to marry him. In the new track, she says, “And I wouldn’t marry me either.” She also uses some of the same fighting metaphors from “The Great War,” singing, “And all I did was bleed as I tried to be the bravest soldier / Fighting in only your army, frontlines.” Ultimately, she begs her lover to “do something,” “lose something,” “choose something,” but her pleas are ignored.