Yep.
Here's what you do- In sequence mode, press Menu. The press Master Effect.
The select tab in upper right corner. Then select "copy master effect". Choose the program you wish to copy effects from.
Then, go back to Menu and press Insert Effects.
Select tab in upper right screen and choose copy insert effects. Choose the program you wish to copy the insert effects from.
Now, go to lower screen in Insert efffects page and you will see routing 1-8, routing 1-9.
Choose routing 1-9, then set track ONE to IFX1.
Then you can mess with the effects anyway you like. The master 3 band EQ is especially cool.