HTML templates vs the IO Monad

Can an HTML template be thought of a Monad, somehow? Maybe the IO Monad in particular?

const CoordsDisplay = (initial: Coords = [0, 0]) => {

  const coords$ = new BehaviorSubject(initial).pipe(
    map(([x, y]) => `( ${x} : ${y} )`)
  );

  return rml`
    <div onmousemove="${eventXY(coords$)}"></div>
    <span>${coords$}</span>
  `;
};

Full source here

Comparing a Rimmel template (a rml tagged template literal) to the IO Monad can help in understanding the side-effects management and data-driven nature of UI rendering in functional programming, but …

functionalreactiveprogramming html javascript map rimmel template templates thought webdev