Isn't the front reservoir (front being farthest away from the booster) feed for the rear brakes? Check for fluid leakage at all calipers, hoses, wheel cylinders and at the booster end of the master cylinder. It's going somewhere.
Trust me, at the age of these trucks you are doing yourself a favor to replace the rubber lines. If only from a safety prospective. All things equal, the symptoms you describe is usually a bad hose between the caliper and frame. Then perhaps a stuck piston, but "new" calipers rarely have that problem. Trust Ricko1966 and his admonishments, dude knows his stuff. Some of us here do/did this for a living and he falls in this category.
You will find the passengers side rubber line to be the hardest to do, because of the proximity of the fuel pump. At least it's tight on a big block, the driver's side is comparatively out in the open. On mine, and probably yours too, the line fitting to the hose is 3/8, and the funky nut that holds the hose onto the frame takes a 15/16 socket. That last info nugget came at great expense in the four letter euphemisms account and knuckle coverings department. A crowsfoot line socket is your friend here. Prepare to wear some fluid in this operation unless you are exceptionally talented and/or have a lift vs on your back in the gravel (like this old fart does these things).
GL and 73