Instant Pot® Mac and Cheese with Ham and Peas

Ingredients (13)

• ✓ 4 cups water
• ✓ 1 (16 ounce) package elbow macaroni
• + 1 teaspoon dry mustard powder (such as Colman's®) add to pantry
• + 1 teaspoon salt add to pantry
• + 1 teaspoon hot sauce add to pantry
• + 1 (12 fluid ounce) can evaporated milk add to pantry
• + ⅓ cup whole milk add to pantry
• + 2 tablespoons unsalted butter add to pantry
• + 2 cups shredded 2% milk Cheddar cheese (such as Kraft®) add to pantry
• + 1 cup shredded Monterey Jack cheese add to pantry
• + 1 cup diced cooked ham add to pantry
• + ½ cup frozen peas, defrosted add to pantry
• ✓ salt and ground black pepper to taste