I have a question about the meaning of the verb "fall" in this New York Times article:

In all, 24 men and 19 women made the team. In 26 events over six days, world records fell in two events and American records in 10. The Kiphuth High Point Awards went to Myers and Matt Biondi. The Phillips Performance Award for the outstanding performance of the meet went to David Berkoff, who broke the world backstroke record twice Friday. Morales Fails to Qualify

Does "world records fell" mean "decrease"?