Is the voltage in the same as voltage out? ( if i put a current transformer around a wire with 120 volts feeding the wire . will i get 120 volts out of the leads on the current transformer?
A CT has a voltage ratio, just like any other transformer, which neglecting internal losses, would be the inverse of the current ratio. The voltage across the primary circuit that runs through the CT, is not the nominal voltage of the circuit it is measuring. Rather we're talking the millivolts that would drop across the circuit in that distance of a couple inches from one side of the CT to the other.
A CT is designed to cause as little voltage as possible on the primary circuit, due to the current-sensing circuit inside the meter being as close to as practical to a short circuit (in terms of its effective impedance). Just like an inline ammeter which is also as close to a short circuit as practical. The CT is there to bring hundreds/thousands of amps, down to the scale of individual amps or milliamps, so it is practical for the meter to measure. You will get a voltage across the measured circuit, if you were to measure both sides of the circuit that runs through its wire window, but it is probably too small to be detected by most voltmeters.
This is why you have to short-circuit the CT when removing the meter, rather than opening the circuit like you ordinarily do to de-energize a circuit. It is one of the rare instances where a short circuit is intentional. Because connecting it to an open circuit, will make it generate extremely high voltages on the output terminals, that will damage the CT. Not all CT's require shorting, as some are specifically built to prevent this issue. Assume shorting the CT is required, unless you know otherwise from its documentation.