10Y yield consolidating before a major breakout

The 10Y yield is trading sideways, I think the rally in March was wave (iv). Yields should decline to complete wave (v). But we have seen in March that when the Fed launches these huge stimulus programs investors fear that bonds are not safe and yields can surge, and when yields surge the stock market goes down. If we follow this logic the more the Fed stimulates the economy the more likely the stock market will collapse. If yields rally above 2%, the stock market will be in trouble. If however, yields drop to complete wave (v) this will signal the economy is getting worse and the stock market will probably go down too.