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We have measured -3.5 dB (-8.1 dB corrected for losses) relative intensity squeezing between probe and conjugate beams generated by stimulated, nondegenerate four-wave mixing in hot rubidium vapor. Unlike early observations of squeezing in atomic vapors based on saturation of a two-level system, our scheme uses a resonant nonlinearity based on ground-state coherences in a three-level system. Since this scheme produces narrowband, squeezed light near an atomic resonance, it is of interest for experiments involving cold atoms or atomic ensembles.
McCormick et al. (2006) studied this question.