Loophole-free Bell test for continuous variables via wave and particle correlations

We derive two classes of multi-mode Bell inequalities under local realistic assumptions, which are violated only by the entangled states negative under partial transposition in accordance with the Peres conjecture. Remarkably, the failure of local realism can be manifested by exploiting wave and particle correlations of readily accessible continuous-variable states, with very large violation of inequalities insensitive to detector-efficiency, which makes a strong case for a loophole-free test.