Creating Cheesy Bundt Bread is simple and straightforward when you follow these clear steps:

1. Prepare the Bread Dough: In a large mixing bowl, combine the flour, instant yeast, salt, and sugar. Stir to mix well.
2. Add Wet Ingredients: Pour in the warm water and olive oil. Mix until a dough begins to form.
3. Knead the Dough: Transfer the dough to a floured surface and knead for about 5-7 minutes. The dough should be smooth and elastic.
4. First Rise: Place the dough into a lightly greased bowl, cover it with a kitchen towel, and let it rise in a warm place for about 1 hour, or until doubled in size.
5. Prepare the Cheese Mixture: In a separate bowl, combine the shredded cheddar cheese, grated Parmesan, minced garlic, and Italian herbs.
6. Shape the Bread: Once risen, punch down the dough and divide it into small pieces (about the size of a golf ball). Flatten each piece in your hand and place a spoonful of the cheese mixture in the center. Fold the dough around the cheese, sealing it securely.
7. Layer in the Bundt Pan: Grease a bundt pan and layer the dough balls into it, stacking them as you go.
8. Second Rise: Cover the bundt pan with a towel and let it rise for another 30 minutes.
9. Preheat the Oven: Preheat your oven to 350°F (175°C) during the second rise.
10. Bake the Bread: Bake the Cheesy Bundt Bread for about 30-35 minutes, or until it is golden brown and sounds hollow when tapped.
11. Cool: Remove the bread from the oven and let it cool in the pan for 10 minutes. Then, carefully transfer it to a wire rack to cool completely.
12. Optional Garnish: If desired, sprinkle extra cheese on top before serving.