I agree with NDIHC, that banjo bolt looks like the ones that hold the hose on an automotive disc brake. Most tractor style banjo bolts of that era had a hex large enough that the seat was slightly smaller than the hex, see 1st link example. The one you show has a flange head and sure enough you can find those for brake caliper applications, 2nd link. So either someone did some brake caliper swapping in your shop and let this one walk into your tractor bolt stash. Or someone previously put it in some location on your tractor using it as a regular fastener.
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Today's Featured Article - Weldin Basics, Part 3 - by Curtis von Fange. Oxy-acetylene Welding - Part One In our series on welding we have taken a brief look at AC and DC arc welding along with basic techniques and safety equipment required for safe usage. Since our premise is to cover welding types that might best be used on a farm environment we have kept our overview purposefully simple and general. The second type of welding that this observer finds quite useful in
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