Earlier quoted context omitted.
8 bits isn't "current", if you want "current" you get 10 bit panels. If you want "better than bargain basement" you get 10 bit panels. At least where I live one of the differences between the TVs that CostCo sells and the ones that others sell are 8 bit (CostCo) vs 10 bit (others) panels.
what kind of signal are you feeding a 10 bit panel? RGB is only 8 bit so any claimed 10 bit display is only post processing at best.
The math supports converting a YbCbCr 'pixel' into a 30 bit RGB pixel if your conversion constants allow for it. What is unclear is when quantization noise from the compression of the chroma signal shows up as bit instability in the resulting conversion cycle.