Magnetic head including spin valve element with first to third terminals in which first current flows between the second terminal and the third terminal, and second current flows to the first terminal and is lower than the first current, magnetic recording and reproducing apparatus, and method of manufacturing magnetic head

Abstract

A magnetic head according to an embodiment includes: a spin valve element with three terminals including a nonmagnetic base layer, a first terminal including a first magnetic layer, a second terminal including a second magnetic layer, and a third terminal including a third magnetic layer; and a slider including a first external lead terminal connecting to the first terminal, a second external lead terminal connecting to the second terminal, and a third external lead terminal connecting to the third terminal, in an operation, a first current being caused to flow from the second external lead terminal to the third terminal via the second terminal and the nonmagnetic base layer, and a second current that is lower than the first current being caused to flow to the first terminal.