How to Make It
Whisk together milk and eggs in a large bowl. Add bread and remaining ingredients, stirring until blended. Pour mixture into an aluminum foil-lined 11- x 7-inch baking dish; cover with foil, and place in a larger pan. Add water to larger pan to a depth of 1 to 1 1/2 inches.
Bake at 350° for 1 hour. Uncover and bake 20 to 30 more minutes. Serve with caramel sauce or softened ice cream, if desired.