nin,
1. Go back in the gayrage, yank the calipers off the forks. Take a big screwdriver and send every pad home. What this does is push whatever is built up in the master. Install the calipers again, pump the brake pedal up and see if the lever came back?
2. Forget the caliper removal. Go up to the master, paper towels all around the top bleed nipple. Place a paper towel over the nipple, the wrench is under the paper towel about to open the nipple. You pull lever, close nipple, pump a few time, open the nipple, pull lever to the grip, close nipple, pump lever. Did it come back?
Yes = That's all it needed with these type masters.
No = Rebuild in order, rubber has failed internally, i.e., no external leak, so it might possibly be inside a rebuild wouldn't fix.
Tormenting the motorcycling community one post at a time