Heat Oven to 350. Then mix together eggs, milk, sugars, vanilla, cinnamon and nutmeg. Then add cubed bread and mix until covered. Then add fresh strawberries. Pour into a prepared 9x9 square pan and bake for 30 mins or until a toothpick inserted comes out clean.
For the Drizzle combine all ingredients in a sauce pan and bring to a boil. Then turn down to med and simmer, stirring frequently for 20 mins. Remove and strain and set aside.
Let the bread pudding cool for 5-10 mins then serve with drizzle. Vanilla Ice cream or whipped cream on top is also yummy.