Instant Pot Baked Beans, homemade from scratch and ready to eat in a little over an hour.
Add olive oil to Instant Pot and select sauté function on medium setting. Add bacon and onion and cook for a few minutes until onion is soft and translucent. Turn Instant Pot off.
Add beans to Instant Pot, along with broth. Make sure the cover is in sealed position and cook on manual high setting for 60 minutes. Allow to release naturally at end of cycle.
Stir in remaining ingredients. If there is too much liquid in the beans, set Instant Pot to sauté (medium) or soup (low) and stir and reduce. You can serve the beans at this point or put them them in an oven safe dish and brown them in the oven at 350° for 15 minutes.