The US has launched its first new junk bond in nearly two weeks after reciprocal tariffs triggered financial turmoil

The United States has seen the first risky Junk Bond in nearly two weeks hit the shelves for the first time, in a sign that the bond market has stabilized this week after a bout with Trump's tariffs.

Venture Global Plaquemines, a developer of liquefied natural gas export facilities, plans to sell U.S. dollar senior mortgage securities with maturities of eight and 10 years in two tranches, Bloomberg reported, citing sources familiar with the matter. The starting price of the eight-year bond will be in the mid-to-high range above 7%, while the 10-year bond will be about 25 basis points higher than the eight-year bond.

The bonds, which are expected to receive Ba2 ratings from Moody's, BB+ from Standard & Poor's and BB from Fitch, will be the first junk bonds to seek initial issuance after Trump announced on April 2 that he would impose broad, reciprocal tariffs on trading partners around the world.

Reciprocal tariffs have led to a sharp rise in risk aversion, with bond yields soaring last week and even long-term US Treasuries, considered the safest, selling off. But the broader market has calmed this week, with junk bond prices Posting their biggest one-day gain in 16 months on Monday.