A sweet, juicy, peach dessert you can make in your pressure cooker.
Add peaches, 1/2 cup white sugar, cinnamon and nutmeg to a bowl that fits inside of the instant pot. Mix well.
In a separate bowl, combine Bisquick and 1/2 cup of sugar and mix well. Cut in butter with a pastry blender (or 2 forks) until dough is crumbly and in small, pea size, chunk. Add milk and mix, just until combined. Spoon on top of peaches.
Place 1 cup of water and trivet into instant pot.
Cover bowl with 2 layers of paper towel and foil. Make a sling by folding a strip of foil in half or thirds and placing under the bowl. Bring the ends up and lift the bowl into the instant pot. Tuck in the ends of the foil.
Place the lid on the instant pot and seal shut. Close the pressure release valve. Set the instant pot to manual, 15 minutes. When cooking cycle is complete, naturally release the pressure for 10 minutes before opening the pot.
Carefully remove the pot and the cover. Let set to cool until warm. Serve warm with vanilla ice cream.