I should also point out that the dollar has been steadily declining, this too should put a bit of upward pressure on the 10 year treasury note.  While the Fed has said they will allow the economy to run hot, yields do react to currency movements.  Inflation is indeed coming back.

I too believe that companies like restaurants, cruise lines, hotels,  airlines, retailers  etc ... will have pricing power when things begin to normalize, I am of course betting on a surge in demand sometime in the second half of 2021, possibly sooner.

The landscape will be filled with many bakruptcies from mid to small players, giving the survivors pricing power.