The sweep tool is excellent for creating geometries along a path.
https://help.autodesk.com/view/fusion360/ENU/?guid=SLD-SWEEP-SOLID
Review the video to learn about the different options for using the sweep tool:
Now we are going to model a paperclip to demonstrate out understanding of sweep. Reference the Drawing and work along with the video tutorial to make the Paperclip using the Sweep Tool.
Drawing dimensions are in mm.
Follow Along with the video to create your paperclip.
Also, Check this out these two awesome resources related to paperclips. Ever wonder how they make paperclips?
You can also check out this instructables link to see how to build paper clip machines. https://www.instructables.com/Building-Machines-From-Paperclips/