The decision to go under the knife came on Monday night following an extensive consultation period and will rule the 23-year-old out of key Champions League group fixtures and the club's busy Christmas fixture schedule.
Bond admitted the loss of Huddlestone was a blow but was confident the depth of the squad could cover his absence.
"It looks like he's going to have to have a little clean-out of the ankle and it looks like he's going to be out for some time," Bond told Sky Sports News. "He's been excellent for us for some time now, but that's what we've got the squad for.
"Jermaine Jenas played central midfield on Saturday and was brilliant, so we've got a squad of players and they've all got to play their part. They'll certainly have to do that because we'll be without Tom for a good while.
"There's a lot good players in our squad; we've got no problems with playing any of our players. You'd like to be able to pick from a full squad obviously, but at this moment in time we're not able to do that."
Source: PA
Source: PA