Step-by-Step Instructions:
In a saucepan, sauté shallots over medium heat until they become translucent, about 2-3 minutes.
- Add red wine and thyme, bringing it to a simmer.
- Allow the wine to reduce by approximately half, which should take about 10-15 minutes.
- Add beef broth and continue to simmer until the sauce reduces to about half its volume and achieves a slightly thickened consistency, about 10 minutes.
- Remove from heat, discard the thyme, and whisk in butter until the sauce is smooth.
- Season with salt and pepper to taste.
- Serve as a rich, flavorful topping for your steak.
