Over the years, The American Rifleman has published several articles on cartridges exploding in various fire situations and from being heated in ovens.
These situations are different than a condition known "cooking off." A "cooked off" round is actually in a gun’s chamber (usually a machine gun or submachine gun) in which the chamber gets hot enough from firing to ignite the powder without the firing pin striking the primer.
Without looking up a specific article on ammunition in ovens, as you specified, the gist is these experiments cause cartridges to rupture when the oven heats. The type of cartridge you mention usually detonated somewhere between 450 to 550 degrees Fahrenheit.
The bullet being the heaviest component of the cartridge follows Newton’s first law of motion: "An object at rest tends to stay at rest." The bullet tends to remain where it is, and the lighter brass jets away, some with enough force to do damage. If the case fragments, pieces may fly dangerously. Sounds vary from fizzles to loud pops, but no big booms like the noise of a cartridge fired from a gun.
However, cartridges contained in magazines may be secured/confined in such a way to produce other effects.
I hope this general information helps.