Combine first 5 ingredients in a medium bowl, stirring well with a wire whisk. Add bread, stirring gently until bread is coated.
Spoon bread mixture evenly into 2 (6-ounce) custard cups coated with cooking spray. Place cups in an 8-inch square pan. Add hot water to pan to depth of 1 inch. Bake at 350° for 40 minutes or until knife inserted in center comes out clean.
Combine 1 tablespoon sugar and remaining ingredients in a small saucepan. Cook over medium heat, stirring constantly, until mixture is thickened and bubbly. Spoon evenly over puddings. Serve warm.