Well, I can't address it authoritatively as I don't have any connection to the company, but I'll offer this as it might be applicable...
I always use Grade 8 fasteners when I build anything that requires bolts. Always, that is, except for a couple years ago when building a deck/stairs for my sister's house. Arrival at her local Home Depot found an EXTREMELY limited supply of 5/16" Grade 8 bolts (about seven) and as I needed more than 100, my options were two:
1) Go with the available Grade 5 5/16" bolts which were only six times as strong as I required them to be instead of Six and a half times as strong, or...
2) Drive 45 minutes into Nashville and then 45 minutes back to obtain Grade 8s
I ended up going with the first option, and have full confidence in my construction regardless of the "inferior" hardware choice, as the realistic difference came nowhere close to justifying the added effort that option #2 would have entailed. Had I only known that someday I'd have a reason to include that story as a semi-relevant anecdote!
It may be, with rising costs of steel, rising costs of doing business, and a dropping dollar all taken together, the Busse group decided that the added *maybe* 5% of performance (and only in really extreme circumstances) did not justify the added cost of the differential hardening process, especially since the Yard's and Swamp's original company missions were to provide high performance knives at lowered cost.