Hello,
the RTT only works with Segger J-Link probes. The FreeMASTER PD-BDM technology is somewhat similar to RTT in a sense that JTAG interface is used for physical transfer and serves as a transport layer for FreeMASTER protocol. This enables FreeMASTER features like Oscilloscope, Recorder and Pipes to work over JTAG.
The PD-BDM plug-in can be configured in FreeMASTER to use J-Link or CMSIS-DAP as a low-layer access to JTAG.
You should be able to see it working in fmstr_pdbdm example application. As I wrote previously, one of Pipes could be then used for your console-like output.

Regards,
Michal