Description is given in .js as:

 viewModel: {
            data: {
                description: 'xyz',
            }

It is defined as

 {
                xtype: 'component',
                margin: '0 0 15 10',
                bind: {
                    html: '{description}',
                   } 
        
   

I want to set this description with the value coming from a label from backend..which can be accesed as data.abc. But its not working when using directly in description.