That's usually a sure sign of doom. Only once, and it was on a large, healthy rootstock, did I manage to salvage a graft that started turning brown like that. In that case, it was the tip of the scion that showed the browning, but buds were swelling down the scion. I cut the browning area off back to healthy flesh, then immediately sealed the wound with some pruning sealer. I believe I had to repeat the process another time or two as the tip continued to die back, but the base bud finally sprung and the graft took.
Your pics show it browning at the top and the bottom, so it'd be a small miracle if it took. Like someone else said, if any of the buds look healthy, you could try to salvage them. T-budding has been fun to practice, but my success has been very meager to this point.