Yes, for me it's currently 11am. Before that and it's yesterday.
I had the same issue with the Caching phone app - which is why I use Cachly which uses the right time. I think it's lazy coding by GCHQ where they just apply the time in Seattle to all logs via their apps, rather than take the time from the phone.
But you can alter the date on a non-Lab Cache, so it's not as annoying.