A pedestrian walks past monitors displaying a figure of the Nikkei 225 Stock Average outside a securities firm on May 07, 2026 in Tokyo, Japan.

Asia-Pacific markets traded mixed Tuesday as investors shrugged off fresh doubts over the fragile U.S.-Iran ceasefire after President Donald Trump warned the truce was on "massive life support."

Trump on Monday cast doubt on the survival of the U.S.-Iran ceasefire, saying the fragile truce was effectively "on life support" after Tehran delivered what he described as an unacceptable response to Washington's proposal for ending the conflict.

"I would say the ceasefire is on massive life support, where the doctor walks in and says, 'Sir, your loved one has approximately a 1% chance of living,'" he said.

Japan's Nikkei 225 added 0.52%, while the Topix rose 0.89%. South Korea's Kospi pared early losses and fell 1.95% after notching a fresh record high on Monday. The small-cap Kosdaq fell over 1.99%. In Australia, the S&P/ASX 200 lost 0.24%.

Yields of Japan's 10-year government bond hit their highest point since 1997, rising to a high of 2.545% after minutes from the Bank of Japan revealed that some board members said that the BOJ should raise rates soon

Hong Kong Hang Seng index rose 0.30% while the CSI 300 fell 0.31%.

India's Nifty 50 dropped 0.77%.