@misc{lit_2602_00449,
  title = { {Do Latent-CoT Models Think Step-by-Step? A Mechanistic Study on Sequential Reasoning Tasks} },
  author = {Jia Liang and Liangming Pan},
  year = {2026},
  note = {arXiv preprint},
  eprint = {2602.00449},
  archivePrefix = {arXiv},
  url = {https://arxiv.org/abs/2602.00449}
}