Transformers have achieved state-of-the-art results across a range of domains, but their quadratic attention mechanism poses significant challenges for long-sequence modelling. Recent efforts to design linear-time attention mechanisms have yielded more scalable alternatives, yet often at the cost of performance, particularly on discrete data such as language. In this work, we revisit linear attention through the lens of probabilistic graphical models. We first show that standard linear attention can be interpreted as an undirected latent variable model, revealing a key limitation: the absence of directionality. To address this, we propose a novel directed parameterisation of linear attention that introduces an asymmetric structure, enabling an interpretation aligned with the causal and sequential nature of language. Our formulation integrates global latent-variable attention with local standard attention in a fully probabilistic framework. Additionally, we introduce a recurrent parameterisation of queries and keys that avoids reliance on relative positional encodings, often incompatible with linear attention. Experiments on language modelling benchmarks demonstrate that our model achieves competitive performance with standard attention and outperforms existing linear attention variants.