I don't believe so.
I will associate my commutators on the left, so that $[a,b,c]=[[a,b],c]$; and use $[x,y]=x^{-1}y^{-1}xy$; I'm not sure it matters, but that's what I'm used to.
Say $k=2$; in $F/F_{4}$, the Hall-Witt identity becomes
$$ [r,s,t][s,t,r][t,r,s]\equiv 1\pmod{F_{4}}.$$
Now consider the case where $a_1=[y_2,y_1]$, $b_1=[y_2,x_1]$, $b_2=[y_1,x_1]$. Then
$$ [a_1,x_1] \equiv [y_2,y_1,x_1] \equiv [y_2,x_1,y_1][y_1,x_1,y_2]^{-1} \equiv [b_1,y_1][b_2,y_2]^{-1}\pmod{F_4}.$$
Now note that $[a_1,x_1]\in A$, but $[b_1,y_1][b_2,y_2]\in B$.
Similar problems are likely to arise with other values of $k$.
Edited: It seems your question was different from what I understood; rather, your $A$ is generated by all commutators of the form $[x_i,a]$ with $a\in F_k$ (modulo $F_{k+2}$), and your $B$ by all commutators of the form $[y_j,b]$ with $b\in F_k$ (modulo $F_{k+2}$).
$F_{k}/F_{k+1}$ is free abelian, with basis given by the basic commutators of weight $k$ on $x_1,\ldots,x_n,y_1,\ldots,y_m$; by the Witt Formula, the rank is
$$M_{n+m}(k)=\frac{1}{k}\sum_{d|k}\mu(d)(n+m)^{k/d}$$
where $\mu$ is the Möbius function.
The rank of $A$ is at most $nM_{n+m}k$, and the rank of $B$ is at most $mM_{n+m}(k)$. But in general they will be much smaller, since commutators of the form $[c,x_j]$ and $[c,y_j]$, where $c$ is a basic commutator of weight $k$, are seldom basic themselves; so you will have a fair amount of "collision". It would take some rather careful analysis with basic commutator collection to figure it out exactly. I would suggest looking at
- Ward, James. Basic commutators. Philosoph. Trans. Roy. Soc. London Ser. A 264 (1969), 343-412, MR 0251148
to see if by any chance Ward has already computed these (or for information on techniques for computing it).
Added.
Let's look at the case of $k=2$. $F_2/F_3$ is freely generated by commutators of the forms $[x_j,x_i]$, $1\leq i\lt j\leq n$, $[y_s,y_r]$, $1\leq r\lt s\leq m$, and $[y_t,x_k]$, $1\leq k\leq n$ and $1\leq t\leq m$.
On the other hand, $F_3/F_4$ is freely generated by commutators of the forms
- $[x_j,x_i,x_k]$ with $1\leq i\lt j\leq n$, $i\leq k\leq n$;
- $[x_j,x_i,y_t]$ with $1\leq i\lt j \leq n$, $1\leq t\leq m$;
- $[y_t,x_k,x_i]$ with $1\leq k\leq i\leq n$, $1\leq t\leq m$;
- $[y_t,x_k,y_v]$ with $1\leq k\leq n$, $1\leq t\leq m$, $1\leq v\leq m$; and
- $[y_s,y_r,y_t]$ with $1\leq r\lt s\leq m$, $r\leq t\leq m$.
For $A$, we will obtain all commutators of type 1 and all commutators of type 3; no commutators of type 5; when we consider a commutator of the form $[y_s,y_r]$ and take the commutator with $x_i$, we obtain $[y_s,y_r,x_i] \equiv [y_s,x_i,y_r][y_r,x_i,y_s]^{-1}$. So commutators of type 4 are paired off, except we do not get the ones in which $t=v$. Finally, we obtain all commutators of type 2 because when we take $[y_t,x_j]$ for $a$, and take the commutator with $x_i$, we will obtain $[y_t,x_j,x_i]\equiv [y_t,x_i,x_j][x_j,x_i,y_t]^{-1}$; and since $[y_t,x_i,x_j]\in A$, we obtain the commutator $[x_j,x_i,y_t]$.
So, what is the rank of $A$? We have $\binom{n}{3}+2\binom{n}{2}$ commutators of type 1; we have $m\binom{n}{2}$ commutators of type 2 and $m\binom{n}{2}+mn$ of type 3; and we have
$n\binom{m}{2}$ generators corresponding to commutators of type 4. This gives
$$\mathrm{rank}(A) = \binom{n+1}{3} + (2m+1)\binom{n}{2}+n\binom{m+1}{2}.$$
As for $B$, the argument is similar: we get no commutators of type 1, all commutators of type 5 (of which there are $\binom{m}{3}+2\binom{m}{2}$); all commutators of type 2 (of which there are $m\binom{n}{2}$); we also get all of type 4, which gives $nm^2$ commutators; as for type 3, these cannot occur from expressions of the form $[b,y_j]$ with $b\in F_2/F_3$. So the rank of $B$ will be
$$\mathrm{rank}(B) = \binom{m+1}{3}+\binom{m}{2} + m\binom{n}{2} + nm^2.$$
Finally, for the overlap: according to the Witt formula, the rank of $F_3/F_4$ is
$$\frac{1}{3}(n+m)\left( (n+m)^2 - 1\right).$$
So this allows you to compute the rank of the overlap.
For larger values of $k$ the computations become more difficult, because not all basic commutators are of the form $[c,x_i]$ or $[c,y_j]$. But this should give you an idea of the kind of thing that is going on (and why I don't want to try doing this for $k=3$).