I hope this is the answer to your question
Zend_Feed::registerNamespace('yweather','http://xml.weather.yahoo.com/ns/rss/1.0');
$feed = Zend_Feed::import('http://xml.weather.yahoo.com/forecastrss?p=EIXX0014&u=c');
$condition = $feed->current()->{'yweather:condition'};
$text = $condition->getDOM()->getAttribute('text');
var_dump($text);
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