Given a codimension one Riemannian embedding of Riemannian
spin-manifolds
we construct
a family
of
unbounded
-cycles
from
to
, each equipped with a connection
and each representing the
shriek class
. We compute
the unbounded product of
with the Dirac operator
on
and show that this represents
the
-theoretic factorization
of the fundamental class
for all
. In
the limit
the product operator admits an asymptotic expansion of the form
where the “divergent”
part
is an index cycle
representing the unit in
and the constant “renormalized” term is the Dirac operator
on
. The
curvature of
is further shown to converge to the square of the mean curvature of
as
.