You can use the slave out of the MKIV. Set the slave volume level fairly low (around 2 or 3), and run that cable to your DC10 FX loop in, and set the loop volume to unity gain (50% or 12 o'clock). Doing this will enable you to run your MKIV as is, and the DC10 will receive a signal from the MKIV as well. Make sure you don't turn your slave volume up too loud or it could get hairy pretty quickly. Also, on your DC10, use the lowest gain channel when running another amp into the FX loop. Keep your channel volume at zero (since you aren't using the DC10 channel anyway) and use only the master output to control the volume of the DC10.
Another way to do it is to get a stereo FX pedal (chorus, stereo delay, flanger, phaser, etc.) and run the FX loop output of one amp into this pedal. It will be able to output two signals (left and right channel, for stereo), so run one each of these back into both amps' FX loop returns.
OR, if you want to run strictly both amps in their own tone, you can get what's called an ABY pedal which will allow you to split your guitar signal to one, the other, or both amps at once. Radial Engineering makes both a passive and active model of this pedal. Their stuff is top notch quality and has bullet proof, road worthy design. Check em out: http://www.radialeng.com/
Hope it helps. Generally you wouldn't use a Y-cable, won't really net you the results you should have.