A treatment fluid for treating a subterranean formation penetrated by a wellbore is formed from water, a polyacrylamide in an amount of less than about 0.5% by weight of the fluid for reducing friction of the fluid and a stabilized peroxide breaker. A method of treating a subterranean formation penetrated by a wellbore is carried out by forming treatment fluid comprising water, a polyacrylamide in an amount of less than about 0.5% by weight of the fluid for reducing friction of the fluid and a stabilized peroxide breaker. The treatment fluid is introduced into the formation through the wellbore at a pressure above the fracture pressure of the formation.