Between the two of us, locate no good new striplings (5,3)
I believe the answer is:
young men
'striplings' is the definition.
(young man is a kind of stripling)
'between the two of us locate no good new' is the wordplay.
I cannot quite understand how this works, but
'of' could be 'o' and 'o' is found within the answer.
'us' could be 'me' ('us' can mean 'mean' in some UK dialects) and 'me' is found within the answer.
'no' could be 'n' (common abbreviation) and 'n' is located in the answer.
'good' could be 'g' (abbreviation) and 'g' is present in the answer.
'new' could be 'n' (common abbreviation eg NT for New Testament) and 'n' is found in the answer.
The remaining letters 'yu' is a valid word which might be clued in a way I don't understand.
This explanation may well be incorrect...
Can you help me to learn more?
(Another definition for young men that I've seen is " Lovers".)