Peach Bread Pudding

2-3 fresh peaches, peeled, pitted & diced
4 C. French bread, torn into small pieces
1 14oz can sweetened condensed milk
4 eggs, beaten
1 C. hot water
4 Tbsp. butter, melted
1 1/2 tsp. cinnamon
1 tsp. vanilla

-Preheat oven to 325 and grease a 9x13"dish
1.  Toss all ingredients in large bowl until well mixed.  Let sit 5 minutes before pouring into baking dish.  Bake uncovered for 1 hour or until golden brown and an inserted knife comes out clean.  Set aside to cool while making caramel sauce.

Sauce:
1 stick butter
3/4 C. brown sugar
2 tsp. vanilla
2 Tbsp. agave or honey

1.  Heat butter in small saucepan on medium heat until melted.  Add remaining ingredients and bring to a boil.  Let simmer, stirring often, for about 5 minutes until thick.  Let sit for a minute or two before drizzling over bread pudding and serving.  Serves 4-8.