Indian government bond prices rebounded Monday despite a smaller, than, expected central bank surplus transfer. Expectations of further monetary easing by the RBI, including a potential rate cut on June 6th, drove demand and lowered yields. Economic growth data is due Friday.

• 10-year bond yield ended at 6.2046%.
• RBI surplus transfer: ₹2.69 trillion.
• Rate cut expected June 6th, to 5.25%.