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On the bounded generation of arithmetic ${\rm SL}_2$

Let $K$ be a number field and ${\mathcal O}$ be the ring of $S$-integers in $K$. Morgan, Rapinchuck, and Sury have proved that if the group of units ${\mathcal O}^{\times}$ is infinite, then every matrix in ${\rm SL}_2({\mathcal O})$ is a product of at most $9$ elementary matrices. We prove that under the additional hypothesis that $K$ has at least one real embedding or $S$ contains a finite place we can get a product of at most $8$ elementary matrices. If we assume a suitable Generalized Riemann Hypothesis, then every matrix in ${\rm SL}_2({\mathcal O})$ is the product of at most $5$ elementary matrices if $K$ has at least one real embedding, the product of at most $6$ elementary matrices if $S$ contains a finite place, and the product of at most $7$ elementary matrices in general.