UPDATE 2-Saudi dollar bonds post losses as investors brace for pain to come <!-- no image --> <div>* S&P model shows CDS market pricing Saudi Arabia at BBB- (Adds graphic, CDS levels, background)<div class="feedflare"> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=WoFHfP7Fqpg:1vMnuUzzWz4:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?d=yIl2AUoC8zA" border="0"></a> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=WoFHfP7Fqpg:1vMnuUzzWz4:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?i=WoFHfP7Fqpg:1vMnuUzzWz4:V_sGLiPBpWU" border="0"></a> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=WoFHfP7Fqpg:1vMnuUzzWz4:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?i=WoFHfP7Fqpg:1vMnuUzzWz4:F7zBnMyn0Lo" border="0"></a> </div><img src="http://feeds.feedburner.com/~r/reuters/UKBankingFinancial/~4/WoFHfP7Fqpg" height="1" width="1" alt=""></div> Posted by Reuters