I’m not entirely sure (as I’m on Mac) but I don’t think this is necessarily a bug
…
I mean, AFAIK and per the FR below, Obsidian saves date and date & time values in Source mode as YYYY-MM-DD and YYYY-MM-DD[T]HH:mm:ss respectively when adding the values through Properties (either manually or using the date/time picker in Live Preview).
The formatted date/time values you see in Properties (in Live Preview/Reading mode) has always been just a display of the saved values in Source mode…