In short, it appears so.
Bono has declared that U2’s next album is called Songs of Ascent.
With that in mind, it’s worth taking note of this: http://bit.ly/1735Tl
“Every artist is a cannibal, every poet is a thief,” Bono once sang. And it’s true. No harm done here. U2’s been paraphrasing and expanding on the Psalms their entire career. Why stop now?