Preheat the oven to 325 degrees F. Line two rimmed baking sheets with parchment.
Pat the bacon dry. Mix the brown sugar, chile powder, black pepper and cayenne together and spread out on a large plate. Press both sides of each bacon strip into the sugar mixture until coated and then arrange on the prepared baking sheets. Sprinkle with any remaining sugar mixture.
Bake until the bacon is golden and glazed, turning once, 20 to 25 minutes. Transfer to a wire rack to cool.
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