Prepare the Bread
1-Preheat oven to 350°F (175°C): Preheat oven to 350°F (175°C).
2-Lightly grease a 9×13-inch baking dish: Lightly grease a 9×13-inch baking dish.
3-Place cubed bread in the dish: Place cubed bread in the dish.

Make the Custard
4-In a large bowl, whisk eggs, milk,: In a large bowl, whisk eggs, milk, cream, sugar, vanilla, cinnamon, nutmeg, and salt.
5-Pour the mixture evenly over the bread: Pour the mixture evenly over the bread cubes.
6-Gently press bread down to soak in: Gently press bread down to soak in the custard.
7-Let sit for 10 minutes: Let sit for 10 minutes.

Bake
8-Cover loosely with foil and bake for: Cover loosely with foil and bake for 30 minutes.
9-Remove foil and bake an additional 15: Remove foil and bake an additional 15 minutes, until golden brown and set in the center.

Make the Vanilla Caramel Sauce
10-In a medium saucepan, combine sugar and: In a medium saucepan, combine sugar and water over medium heat.
11-Cook without stirring until the sugar dissolves: Cook without stirring until the sugar dissolves and turns a deep amber color.
12-Carefully whisk in warm cream (it will: Carefully whisk in warm cream (it will bubble up).
13-Stir in butter, vanilla, and salt until: Stir in butter, vanilla, and salt until smooth.

Serve
14-Spoon warm bread pudding into bowls: Spoon warm bread pudding into bowls.
15-Drizzle generously with vanilla caramel sauce: Drizzle generously with vanilla caramel sauce.