greater than and less than signs

I’d like to have the following code in one of the templates, but when I insert it, all the > and < show up as > and <. Is it possible to have the template insert > and < instead of > and <?

<textarea style="height: 78px; width: 98%;"><p style="text-align:center;"><a href="http://morselsoflife.com" title="Morsels of Life"><img src="http://morselsoflife.com/upload/featured.png" alt="Featured on Morsels of Life: Five Friday Finds" title="Featured on Morsels of Life: Five Friday Finds" /></a></p></textarea>

http://wordpress.org/plugins/simple-post-template/