Yes.
SBD rewards will start to be printed again if the SBD debt level drops below the 10% threshold, i.e. the value of SBD in circulation (valued at SBD1 = $1) drops below 10% of the value of the Steem supply.
For this to happen the Steem price needs to rise to around $0.39.
At the 10% threshold SBD rewards are restarted but at a reduced level. Once the SBD debt level falls below 9% full SBD rewards are once again available.