Remember replacing a broke chain obviously not how attached.
There was some mechanical force to the swing lever to decrease swing speed near the end of travel. Cushion, safety and operational feature. Some sort of linkage or cam to the swing control valve? Is the swing valve fully being operated?
It could be an internal hydraulic problem but with troubleshooting checking the obvious and easy stuff first. Swapping the hydraulic lines given similar operation the other way? Might require some test hoses.
The 4500 was my first industrial backhoe. Bought used $4500, used 20 years and sold needing some maintenance $4500. The cleanest oil of any diesel I have ever owned.