Squeezing from ghost transitions

We show that significant squeezing in a strong signal light field can be generated with three-level atoms in a ghost-transition setup by tuning a weak probe beam inside the Autler-Townes doublet created by the strong signal light. Close to the Rabi level, i.e., within the absorption line, processes involving both amplitude quadratures become important. Significant atomic two-photon coherence provides a vehicle for signal-amplitude fluctuations to trigger fluctuations in the probe amplitude. Subsequently, atomic coherence will feed these probe fluctuations back into the signal and enable substantial noise suppression.