This is also consistent with why restarting servers at Microsoft did not help.
As servers were restarted, you can bet the load balancers routed the surge of client connection attempts to the least loaded servers, i.e., the newly restarted ones. The servers remained least loaded since their connection request queue built up and they kept processing timed out connection attempts.
This is a case where simply unplugging and plugging a device does not work. 🤔
21/n