  Switching field measurements of the free layer element of 75 nm diameter
spin-valve nanopillars reveal a bimodal distribution of switching fields at low
temperatures (below 100 K). This result is inconsistent with a model of thermal
activation over a single perpendicular anisotropy barrier. The correlation
between antiparallel to parallel and parallel to antiparallel switching fields
increases to nearly 50% at low temperatures. This reflects random fluctuation
of the shift of the free layer hysteresis loop between two different
magnitudes, which may originate from changes in the dipole field from the
polarizing layer. The magnitude of the loop shift changes by 25% and is
correlated to transitions of the spin-valve into an antiparallel configuration.
