Unable to join Matchmaking

I am playing the PC version of MCC and I am unable to matchmake in either of the two playlists. I have tried signing out and into my microsoft account and restarting the game. The game says “connecting” up at the top only to seemingly timeout after a few moments, and it repeats this cycle over and over.

EDIT: I am able to matchmake when I join my friend’s lobby and let him begin matchmaking.

There is a service alert out for Xbox Live right now that is affecting MCC Players