Magnetic properties and quench dynamics of two interacting ultracold molecules in a trap.

We theoretically investigate the magnetic properties and nonequilibrium dynamics of two interacting ultracold polar and paramagnetic molecules in a one-dimensional harmonic trap in external electric and magnetic fields. The molecules interact via a multichannel two-body contact potential, incorporating the short-range anisotropy of intermolecular interactions. We show that various magnetization states arise from the interplay of the molecular interactions, electronic spins, dipole moments, rotational structures, external fields, and spin-rotation coupling.