The role of charge order in the phase diagram of high temperature cuprate superconductors has been recently re-emphasized by the experimental discovery of an incipient bi-directional charge density wave (CDW) phase in a class of underdoped cuprates.
In a subset of the experiments, the CDW has been found to be accompanied by a d-wave intra-unit-cell form factor, indicating modulation of charge density on the oxygen orbitals sandwiched between neighboring Cu atoms on the CuO planes (the so-called bond-density wave (BDW) phase). Here we take a mean field Q_1=(2pi/3,0) and Q_2=(0,2pi/3) bi-directional BDW phase with a d-wave form factor, which closely resembles the experimentally observed charge ordered states in underdoped cuprates, and calculate the Fermi surface topology and the resulting quasiparticle Nernst coefficient as a function of temperature and doping. We establish that, in the appropriate doping ranges where the low temperature phase (in the absence of superconductivity) is a BDW, the Fermi surface consists of an electron and a hole pocket, resulting in a low temperature negative Nernst coefficient as observed in experiments.
The competing orders in the particle-particle (P-P) channel and the particle-hole (P-H) channel have been proposed separately to explain the pseudogap physics in cuprates. By solving the Bogoliubov-deGennes equation self-consistently, we show that th
ere is a general complementary connection between the d-wave checkerboard order (DWCB) in the particle-hole (P-H) channel and the pair density wave order (PDW) in the particle-particle (P-P) channel. A small pair density localization generates DWCB and PDW orders simultaneously. The result suggests that suppressing superconductivity locally or globally through phase fluctuation should induce both orders in underdoped cuprates. The presence of both DWCB and PDW orders with $4a times 4a$ periodicity can explain the checkerboard modulation observed in FT-STS from STM and the puzzling dichotomy between the nodal and antinodal regions as well as the characteristic features such as non-dispersive Fermi arc in the pseudogap state.
