Dice bread and cover with milk and let sit for at least 10 minutes. Combine the remaining ingredients with the ground beef and form into a loaf (preferably in a bread loaf pan), incorporating the bread and milk.
Wrap in foil and place in the oven for 45 minutes. In the meantime, combine ingredients for the glaze. After 45 minutes, remove the loaf from the oven and uncover. Glaze generously and place uncovered meatloaf back into the oven until an internal temperature of 160° is reached.