@article{dolatentcotmodelsthinkstepbystepamechani, title = {Do Latent-CoT Models Think Step-by-Step? A Mechanistic Study on Sequential Reasoning Tasks}, author = {Jia Liang and Liangming Pan}, year = {2026}, eprint = {2602.00449}, archivePrefix = {arXiv}, url = {https://arxiv.org/abs/2602.00449}, }