RHEL7 `timedatectl` returns `NTP synchronized: yes` despite that ntpd on the system is not synched.

Issue

• From the output of timedatectl, we have NTP synchronized: yes:

$ timedatectl 
      Local time: Wed 2023-06-28 09:51:02 EDT
  Universal time: Wed 2023-06-28 13:51:02 UTC
        RTC time: Wed 2023-06-28 13:51:02
       Time zone: America/New_York (EDT, -0400)
     NTP enabled: no
>> NTP synchronized: yes   <<<<<
 RTC in local TZ: no
      DST active: yes
 Last DST change: DST began at
                  Sun 2023-03-12 01:59:59 EST
                  Sun 2023-03-12 03:00:00 EDT
 Next DST change: DST ends (the clock jumps one hour backwards) at
                  Sun 2023-11-05 01:59:59 EDT
                  Sun 2023-11-05 01:00:00 EST

• chronyd is disabled and not runing

• ntpd is running but not synched:

$ cat ntpq_-c_as

ind assid status  conf reach auth condition  last_event cnt
===========================================================
  1 2163  9024   yes   yes  none    reject   reachable  2
  2 2164  9024   yes   yes  none    reject   reachable  2