There are shielded versions available, mainly to achieve high density interference free mounting, but the benefit extends to any nearby hazard or victim component.
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Note the 0.5msec total operating time that includes bounce. It would be rare for the manufacturer to use different metals across mating contacts, especially for relays intended for instrumentation applications. The two metals actually used are to make a single contact. That would be something like an iron alloy for the reed itself and then a low-contact-resistance material like Rhodium plated at the contact point. Since the two contacts are identical, the thermocouple voltages cancel. But things can happen the disrupt that symmetry and EMF cancellation: (from AI) Fritting and Micro-Arcing (Electrical Stress): If you switch a signal that has slightly too much voltage or current, a tiny electrical spark or a microscopic "fritting" event occurs right as the blades touch. This creates a localized burst of heat on just one side of the contact face. This microscopic temperature imbalance breaks the symmetry, generating a brief thermal voltage spike across the contacts. Peltier Heating (DC Current Bias): If you continuously pass a relatively high DC current through the closed contacts, the Peltier effect will naturally pump heat from one blade tip to the other. This creates a permanent temperature difference between the two halves of the contact interface, forcing the contact point to act as an active thermocouple.
And those application-specific problems can appear regardless of the manufacturer's advertised low contact EMF.
EMF problems that people are mostly seeing are the thermocouples at the junctions of component leads/posts and the copper traces on the PCBs. This is again symmetrical, but proximal and asymmetrical heat sources, even the relay coil heat itself, can disrupt the cancellation.
It's hard to believe you can have low signal failures with the reeds advertised for instrumentation applications. There are all kinds of things that destroy the performance, and it's mostly bad manufacturing or mishandling: (from AI) Micro-Cracks in the Glass Seal: If the glass-to-metal seal gets a microscopic crack during manufacturing, shipping, or soldering, the inert gas will leak out and oxygen will leak in. Once air is inside, the blades will begin to oxidize, causing the classic low-voltage connection failure. Organic Outgassing Contamination: If the manufacturing facility is not 100% sterile, trace amounts of organic compounds or cleaning solvents can get trapped inside the glass capsule before it is sealed. Over millions of cycles, the physical impact of the blades can cause these trapped organic molecules to break down into a thin polymer film right on the contact point, blocking low-voltage signals. Plating Flaws: If the sputtered rhodium or ruthenium plating peels or blisters off the underlying nickel-iron blade, the raw base metal is exposed. This can cause erratic contact resistance. Mechanical Shock Damage: Dropping a reed relay can slightly bend or misalign the internal blades. If the magnetic field from the coil can no longer pull them together with enough physical force to flatten out the microscopic contact points, contact resistance will spike.