What is wrong with std::lock_guard

I have simple code: first thread pushes std::strings to the std::list, and second thread pops std::strings from this std::list. This code permanently prints error to console: "Error: lst.begin() == lst.end()". If I replace std::lock_guard with constructin "m.lock() ... m.unlock()" the code begins work correctly. What is wrong with std::lock_guard?

#include <iostream>
#include <thread>
#include <mutex>
#include <list>
#include <string>

std::mutex m;
std::list<std::string> lst;

void f2()
{
    for (int i = 0; i < 5000; ++i)
    {
        std::lock_guard<std::mutex> { m };
        lst.push_back(std::to_string(i));
    }

    m.lock();
    lst.push_back("-1"); // last list's element
    m.unlock();
}

void f1()
{
    std::string str;

    while (true)
    {
        m.lock();
        if (!lst.empty())
        {
            if (lst.begin() == lst.end())
            {
                std::cerr << "Error: lst.begin() == lst.end()" << std::endl;
            }
            str = lst.front();
            lst.pop_front();
            m.unlock();
            if (str == "-1")
            {
                break;
            }
        }
        else
        {
            m.unlock();
            std::this_thread::yield();
        }
    }
}

// tested in MSVS2017
int main()
{
    std::thread tf2{ f2 };
    f1();
    tf2.join();
}