diff --git a/CHANGELOG.md b/CHANGELOG.md
index b6a03be609..674e57a761 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -172,7 +172,8 @@ Ref: https://keepachangelog.com/en/1.0.0/
 
 ### CLI Breaking Changes
 
-* [\#9695](https://github.com/cosmos/cosmos-sdk/pull/9695) `<app> keys migrate` CLI command now takes no arguments
+* (cli) [\#11818](https://github.com/cosmos/cosmos-sdk/pull/11818) CLI transactions preview now respect the chosen `--output` flag format (json or text).
+* [\#9695](https://github.com/cosmos/cosmos-sdk/pull/9695) `<app> keys migrate` CLI command now takes no arguments.
 * [\#9246](https://github.com/cosmos/cosmos-sdk/pull/9246) Removed the CLI flag `--setup-config-only` from the `testnet` command and added the subcommand `init-files`.
 * [\#9780](https://github.com/cosmos/cosmos-sdk/pull/9780) Use sigs.k8s.io for yaml, which might lead to minor YAML output changes
 * [\#10625](https://github.com/cosmos/cosmos-sdk/pull/10625) Rename `--fee-account` CLI flag to `--fee-granter`
diff --git a/client/context.go b/client/context.go
index 1d5925b933..be5c84af60 100644
--- a/client/context.go
+++ b/client/context.go
@@ -2,6 +2,7 @@ package client
 
 import (
 	"bufio"
+	"encoding/json"
 	"fmt"
 	"io"
 	"os"
@@ -305,6 +306,12 @@ func (ctx Context) PrintObjectLegacy(toPrint interface{}) error {
 	return ctx.printOutput(out)
 }
 
+// PrintRaw is a variant of PrintProto that doesn't require a proto.Message type
+// and uses a raw JSON message. No marshaling is performed.
+func (ctx Context) PrintRaw(toPrint json.RawMessage) error {
+	return ctx.printOutput(toPrint)
+}
+
 func (ctx Context) printOutput(out []byte) error {
 	var err error
 	if ctx.OutputFormat == "text" {
diff --git a/client/context_test.go b/client/context_test.go
index 0efae1e634..82feeebe4d 100644
--- a/client/context_test.go
+++ b/client/context_test.go
@@ -3,6 +3,7 @@ package client_test
 import (
 	"bytes"
 	"context"
+	"encoding/json"
 	"os"
 	"strings"
 	"testing"
@@ -25,7 +26,7 @@ func TestMain(m *testing.M) {
 	os.Exit(m.Run())
 }
 
-func TestContext_PrintObject(t *testing.T) {
+func TestContext_PrintProto(t *testing.T) {
 	ctx := client.Context{}
 
 	animal := &testdata.Dog{
@@ -39,9 +40,7 @@ func TestContext_PrintObject(t *testing.T) {
 		X:      10,
 	}
 
-	//
 	// proto
-	//
 	registry := testdata.NewTestInterfaceRegistry()
 	ctx = ctx.WithCodec(codec.NewProtoCodec(registry))
 
@@ -68,15 +67,28 @@ func TestContext_PrintObject(t *testing.T) {
   size: big
 x: "10"
 `, buf.String())
+}
+
+func TestContext_PrintObjectLegacy(t *testing.T) {
+	ctx := client.Context{}
+
+	animal := &testdata.Dog{
+		Size_: "big",
+		Name:  "Spot",
+	}
+	any, err := types.NewAnyWithValue(animal)
+	require.NoError(t, err)
+	hasAnimal := &testdata.HasAnimal{
+		Animal: any,
+		X:      10,
+	}
 
-	//
 	// amino
-	//
 	amino := testdata.NewTestAmino()
 	ctx = ctx.WithLegacyAmino(&codec.LegacyAmino{Amino: amino})
 
 	// json
-	buf = &bytes.Buffer{}
+	buf := &bytes.Buffer{}
 	ctx = ctx.WithOutput(buf)
 	ctx.OutputFormat = "json"
 	err = ctx.PrintObjectLegacy(hasAnimal)
@@ -103,6 +115,35 @@ value:
 `, buf.String())
 }
 
+func TestContext_PrintRaw(t *testing.T) {
+	ctx := client.Context{}
+	hasAnimal := json.RawMessage(`{"animal":{"@type":"/testdata.Dog","size":"big","name":"Spot"},"x":"10"}`)
+
+	// json
+	buf := &bytes.Buffer{}
+	ctx = ctx.WithOutput(buf)
+	ctx.OutputFormat = "json"
+	err := ctx.PrintRaw(hasAnimal)
+	require.NoError(t, err)
+	require.Equal(t,
+		`{"animal":{"@type":"/testdata.Dog","size":"big","name":"Spot"},"x":"10"}
+`, buf.String())
+
+	// yaml
+	buf = &bytes.Buffer{}
+	ctx = ctx.WithOutput(buf)
+	ctx.OutputFormat = "text"
+	err = ctx.PrintRaw(hasAnimal)
+	require.NoError(t, err)
+	require.Equal(t,
+		`animal:
+  '@type': /testdata.Dog
+  name: Spot
+  size: big
+x: "10"
+`, buf.String())
+}
+
 func TestCLIQueryConn(t *testing.T) {
 	cfg := network.DefaultConfig()
 	cfg.NumValidators = 1
diff --git a/client/tx/tx.go b/client/tx/tx.go
index d9a82c49fc..4605d4991c 100644
--- a/client/tx/tx.go
+++ b/client/tx/tx.go
@@ -3,6 +3,7 @@ package tx
 import (
 	"bufio"
 	"context"
+	"encoding/json"
 	"errors"
 	"fmt"
 	"os"
@@ -87,12 +88,14 @@ func BroadcastTx(clientCtx client.Context, txf Factory, msgs ...sdk.Msg) error {
 	}
 
 	if !clientCtx.SkipConfirm {
-		out, err := clientCtx.TxConfig.TxJSONEncoder()(tx.GetTx())
+		txBytes, err := clientCtx.TxConfig.TxJSONEncoder()(tx.GetTx())
 		if err != nil {
 			return err
 		}
 
-		_, _ = fmt.Fprintf(os.Stderr, "%s\n\n", out)
+		if err := clientCtx.PrintRaw(json.RawMessage(txBytes)); err != nil {
+			_, _ = fmt.Fprintf(os.Stderr, "%s\n", txBytes)
+		}
 
 		buf := bufio.NewReader(os.Stdin)
 		ok, err := input.GetConfirmation("confirm transaction before signing and broadcasting", buf, os.Stderr)