  We have measured -3.5 dB (-8.1 dB corrected for losses) relative intensity
squeezing between the 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.
