Young to Yankees won't happen and Hughes won't be traded. Basically that was just said on ESPN and MLB Network.
The Phillies have no motivation to trade Young unless they get something, and who's giving up something for two months of Young? The Yankees have motivation to trade Hughes, and I bet some would like to take a chance on his splits, but who's giving up anything good for two months of Hughes? they probably got some crap offers. I can see the above being true, these moves were a longshot.