Instant Pot Beef Bourguignon - House Hunk

Ingredients

• 2 lbs beef stew meat (cut into ¾ inch cubes)
• 6 slices bacon (diced)
• 1 yellow onion (diced)
• 12 oz cremini mushrooms (chopped)
• 2 carrots (sliced)
• 5 cloves garlic (minced)
• 4 dried bay leaves (whole)
• ¾ cup dry red wine
• 1 tbsp tomato paste
• 1 teaspoon dried thyme
• ½ teaspoon xanthan gum
• salt & pepper