The reason you can't yield processor time-slices to a designated thread is that Windows features a preemptive scheduling kernel which pretty much places the responsibility and authority of scheduling the processor time in the hands of the kernel and only the kernel.
As such threads don't have any control over when they run, if they run, and even less over which thread is switched to after their time slice is up.
However, there are a few way you may influence context switches:
by increasing the priority of a certain thread you may force the scheduler to schedule it more often in the detriment of other threads (obviously the reverse applies as well - you can lower the priority of other threads)
you can code your process to place threads in kernel wait mode when they don't have work to do in order to help the scheduler do it's job. When using proper kernel wait constructs such as Critical Sections, Mutexes, Semaphores, and Timers you effectively tell the kernel a certain thread doesn't need to be scheduled until a certain codition is met.
Note: There is rarely a reason you should tamper with task priorities so USE WITH CAUTION