I'm sure Ian will chime in here too.
What I think has happened is that your negative was not redeveloped. It seems you just bleached and then cleared in the fixer...
A couple of things could have caused this. First, you could have not had enough bromide in your bleach solution to actually rehalogenate the image silver, just bleach it to a fixable state. It has to be converted to silver bromide.
Or something else went wrong in the bleaching step. You are using one solution of ferricyanide and bromide, not two baths, right? FWIW, I rather regularly use bleach-redevelop to add a bit of contrast. The negatives should bleach to film-base clear, not "dense battleship grey"... This makes me think that something went wrong in the bleaching step.
Second, you may have not left the negatives in the developer long enough to develop properly. (How long did you develop?) Then, you fixed out the undeveloped image in the fixer. Or, maybe you didn't get the negative exposed after the rehalogenation. You are exposing the negative to bright white light, right?
With my pyro negs, the silver bleaches away completely, leaving a faint pyro stain image and a clear film base. Redeveloping in a staining developer to completion adds another layer of stain, thus increasing contrast a bit. For reducing contrast, you should develop by inspection to the desired contrast.
For cutting overall fog, using Farmer's Reducer and pulling the negative when the desired amount of density has been removed may be a better choice than bleach-redevelop.
Farmers Reducer for Negatives
(Kodak R-4a negative reducer. Cutting formula for overexposed negatives)
Stock Solution A:
Potassium ferricyanide 19 g
Water to make 250 ml
Stock Solution B:
Sodium Thiosulfate (hypo) 240 g
Water to make 1 liter
For use, mix 30 ml. Solution A with 120 ml. Solution B and add water to make 1 liter. This is for cutting the density of negatives, but it also increases contrast.
Farmers Reducer for Negatives
(Kodak R-4b negative reducer. Proportional formula for overdeveloped negs)
Stock Solution A:
Potassium ferricyanide 7.5 g
Water to make 1 liter
Stock Solution B:
Sodium Thiosulfate (hypo) 200 g
Water to make 1 liter
For use, place negative in solution A for 1 to 5 minutes, then place in solution B for 5 minutes.
Wash thoroughly.
Note that the first formula is the one to use for cutting overall density. The second formula is just fyi. You would probably be better off with bleach-redevelop for overdeveloped (i.e., too contrasty) negs.
Best,
Doremus
www.DoremusScudder.com