Hi ZenMasta,
You can search for an exact phrase in the content of an excel file by adding quotation marks around it in the Search box in Windows Explorer.
If you’re not getting result when searching in File Explorer, please try the suggestions from the following article.
Fix problems in Windows Search
Further, search in File explorer is a Windows OS function, to make sure you get proper help from Windows expert, I’ll move this post to Windows>Windows 10>File, folders & storage.
Regards,
Neha