March 10 (Reuters) - Australian shares were set to open higher on Wednesday, with technology stocks expected to track a sharp bounce on Nasdaq overnight after a dip in U.S. bond yields.
The local share price index futures YAPcm1 rose 0.3%, a 18-point premium to the underlying S&P/ASX 200 index .AXJO close. The benchmark closed 0.5% higher on Tuesday.
New Zealand's benchmark S&P/NZX 50 index .NZ50 rose 0.6% to 12,216.59 by 2120 GMT.