In a medium bowl, combine softened cream cheese, shredded cheddar cheese, diced cooked bacon, mayonnaise, sour cream, hot sauce, salt, and pepper. Mix until smooth, about 2-3 minutes.

Preheat your oven to 190°C (375°F). Slice a thin layer off the bottom of each bagel without cutting through the top, then scoop out the inner dough.

Scoop the cream cheese mixture into the hollowed-out bagels, filling them generously but not overflowing.

Arrange the stuffed bagels on a baking tray lined with parchment paper and bake for 12-15 minutes until golden brown and bubbling.

Allow to cool for a few minutes, then garnish with crispy bacon bits and fresh chopped chives before serving.