I bought two 25' lengths of 14/2 wire for installing a light.
When the black wire is connected to live (say, of an outlet), with ground and neutral wires not connected to anything, the ground wire reads 60V with respect to the outlet ground.
The black wire reads 122V to outlet ground as expected.
I imagined that there is a short between the black and ground wire in the romex, but the multimeter says it is an open loop. (If there was a short I expect it would read a full 122V though).
Any idea what is causing this?