JSFiddle - React, Tailwind, and code Playground
HTML
<script src="https://cdnjs.cloudflare.com/ajax/libs/handlebars.js/3.0.3/handlebars.js"></script>
<script id="template" type="text/x-handlebars-template">
{{#each data}}
<span class="{{@key}}">{{this}}</span>
{{/each}}
</script>
<div id="result"></div>
JavaScript
var source = $("#template").html();
var template = Handlebars.compile(source);
var result = template({data: {
'first': null,
'second': 'bar',
'third': 'baz'
}});
$(result).each(function(index, item) {
var output = $('<div>').text(item.outerHTML);
$("#result").append(output);
});